MySpace has officially announced their new music venture, and as reported yesterday, Universal Music Group, Sony BMG, and Warner Music Group are all in as launch partners, leaving EMI as the only major record label not participating.
Also confirmed by the company, MySpace Music will offer:
- DRM-free downloads
- Ad-supported audio and video streaming
- Artists merchandise
- Concert tickets
- Mobile content (ringtones, wallpapers, etc.)
More here
Facebook Teams Up with iTunes, Goes Gunning for MySpace Band Territory
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