MySpace to sell mp3s from its 3 million bands


	MySpace to sell mp3s from its 3 million bands

adamc

9-5-2006 11:38 AM

497 views

tags:

myspace, digital music, music, snocap

adamc says:

Will be very interesting to see if they make any kind of headway. If it works, it will be an incredible way for unsigned bands to distribute their music.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/5ffd53d5-93eb-457d-a7a6-d4641574aa76/29DF4895-3EE0-4E2D-8A0B-3244A162342A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.yahoo.com/s/nm/20060902/wr_nm/media_myspace_songs_dc" href="http://news.yahoo.com/s/nm/20060902/wr_nm/media_myspace_songs_dc" style="font-size: 11px;">news.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20060902/wr_nm/media_myspace_songs_dc"><P>
NEW YORK (Reuters) - MySpace, the wildly popular online
teen hangout, said on Friday it will make its first move into
the digital music business by selling songs from nearly 3
million unsigned bands.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20060902/wr_nm/media_myspace_songs_dc"><P>"The goal is to be one of the biggest digital music stores
out there," MySpace co-founder Chris DeWolfe told Reuters.
"Everyone we've spoken to definitely wants an alternative to
iTunes and the iPod. MySpace could be that alternative."</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20060902/wr_nm/media_myspace_songs_dc">The bands will decide how much to charge per song after
including MySpace's distribution fee, said Rusty Rueff, the
chief executive of Snocap, which will manage the e-commerce
service. Snocap provides digital licensing and copyright
management services</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/29DF4895-3EE0-4E2D-8A0B-3244A162342A/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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