MySpace Moves into the Music Business
Music has signed licensing deals with The Orchard, a large distributor of independent music from hundreds of small labels, and with Sony/ATV, a joint music
publishing venture between Sony and Michael Jackson.
MySpace Music is free, users get instant access to a vast library of songs, and over time, MySpace says its library will grow and be competitive with
those of Rhapsody and iTunes. Music industry insiders
say that is part of the Grand Plan for music. The
labels want to see the same library of music available everywhere, in
every possible way: for free and by subscription; streaming from sites
and pay-per-download; locked and unlocked.
Let the best business model
win! The labels make money every which way.