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Sat, Nov 21, 2009 - 07:39 AM EST — AAPL: 199.92 (-0.59, -0.29%) | NASDAQ: 2146.04 (-10.78, -0.5%)

MySpace explores online music service

Wednesday, February 20, 2008 - 01:15 PM EST

"Online social networking site MySpace has been talking with major record labels in an effort to allow users to listen to copyrighted music for free on the Web site, according to a report in the Wall Street Journal," CNNMoney reports.

"The proposed MySpace Music reportedly will include free, streaming music supported by advertisement sales, and it will also offer paid MP3 downloads," CNNMoney reports.

"MySpace, recently purchased by Rupert Murdoch's News Corp., has attempted to expand its position as a social networking site into an online media company," CNNMoney reports. "This is evidenced by reports that Murdoch was talking about buying Yahoo and combining it with other properties that make up Fox Interactive Media, News Corp.'s online arm. MySpace has already launched online video service Hulu, a joint venture between NBC Universal and News Corp."

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Feb 20, 08 - 01:23 pm Comment from: macromancer

""Online social networking site MySpace has been talking with major record labels..."

The actual site has been talking to record labels?

They must be saying "we needz ur tunez doodz"

Feb 20, 08 - 01:24 pm Comment from: Ray

This gonna be funny. Remember to buy up them t-shirts and hats, just like Enron T's these will be collector's items too.

Just my $0.02

Feb 20, 08 - 02:01 pm Comment from: Mac+

That's great!!! I welcome competition. It will only make iTunes better.

Feb 20, 08 - 02:04 pm Comment from: OldMacFan

Every leader needs cannon fodder...

I think it is nice to see so many volunteers...

snerk...

Feb 20, 08 - 02:33 pm Comment from: c

Prepare the iPod click wheel for yet more blood.

Feb 20, 08 - 02:43 pm Comment from: Jim - TIV

more like the iTunes interface than the ipod click wheel don't ya think? Myspace isn't coming out with an mp3 player are they c?

Feb 20, 08 - 03:19 pm Comment from: Steve

More music is a good thing. They should also give their users the opportunity to buy music via iTunes, Amazon or directly through the labels. Personally, I find that site annoying, but some people like it.

Feb 20, 08 - 04:40 pm Comment from: don

Breaking News: Apple to make iTunes a social networking site.

Kidding... but why not? It could become a Facebook/MySpace killer.

Feb 20, 08 - 06:04 pm Comment from: hs

@ don

tbh that sounds like something msft would do... run with the also rans.

Apple is an innovator, not a follower

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MySpace explores online music service

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Sat, Nov 21, 2009 - 07:39 AM EST — AAPL: 199.92 (-0.59, -0.29%) | NASDAQ: 2146.04 (-10.78, -0.5%)

MySpace explores online music service

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