MySpace Partners Up With The Major Music Companies For MySpace Music
MySpace is uniting the music industry with a new joint venture with Vivendi's Universal Music Group, Sony BMG Music Entertainment and Warner Music Group called MySpace Music.The three major music companies will be minority stake holders in the new company.It will stream free music audio and video, but it will no doubt be saturated in advertising. MySpace Music will also include MP3 downloads(for a fee), ringtones, artist ticket sales and merchandise.Watch out Live Nation.








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