So it looks like MySpace is ready to launch their “music site” that will act as a music store (i.e. iTunes) / subscription service (i.e. eMusic). Here is what TechCrunch had to say:
MySpace’s upcoming music joint venture with 3 of the 4 major labels, first announced in April, will launch in September (EMI is still a holdout, but from what we hear they may be ready to fold soon). Chris DeWolfe, CEO of MySpace, mentioned that date and gave other details about the joint venture in an interview today with Adam Lashinsky at the Fortune Brainstorm conference in Half Moon Bay, CA.
Afterward, he told TechCrunch Co-Editor Erick Schonfeld, who is attending the event, that MySpace Music will be a combination music store/subscription service…..click here for full article.
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July 25th, 2008 at 9:05 pm
The indie artist is left out, Myspace got in Bed with the majors so they can get the content. The Indie artist needs to do things themselves and sell and promote there music independently with all the opportunities out there. And this is not only for artist but also for producers and beatmakers. Producers are selling there beats on sites like http://www.beatslocker.com and any artist can now get quality beats for a reasnable price, that before they could not as the Major labels owned them.
Myspace had a great thing going but they sold out long ago, letting plays get inflated, kissing up to the majors and throwing the indie artist to the side, even though Indies made myspace