MySpace is everywhere. 99.999999% of people under 30 have an account. Movies use it. Musicians use it. It’s in ur headz eating ur brainz.
It dominates the social networking community, and, for many, is often the number-one go-to site for finding info on bands (and the number-one go-to site for employers looking for disqualifying dirt on potential employees, but that’s another story). And now, it’s looking to cash in on its popularity in the music scene by opening it’s own DRM-free digital music store called — drumroll please — MySpace Music.
Peter Cohen at the Mothership dissects the news:
MySpace Music is being launched in partnership with Sony BMG Music Entertainment, Universal Music Group and Warner Music Group, and will offer digital music downloads, ad-supported audio and video streaming, a mobile storefront and sponsorship opportunities, according to a statement released by the companies on Thursday. The companies plan to launch MySpace Music's new features iteratively in the coming months.
So what does this mean? No idea. Nostradmous probably predicted MySpace’s grey goo-like grasp on the web as a precursor to the end of the world. It remains to be seen whether the MySpace community — largely 13-year-old girls who like to take pictures of themselves at random times and in random poses — will adjust to actually purchasing music if they haven’t already done so through iTunes. Ad-supported audio, though, may prove to be a winner.
Check the Mothership article and the press release for all the grimy details on MySpace Music.
