MySpace wishes to become competitors of Apples iTunes
Friday, April 4th, 2008
Image from WikipediaMySpace is putting all effort in to setting up a digital music shop, currently MySpace has made already deals with three of the big four music companies.
The newspaper, the New York Times reports that social network website MySpace will roll out its so called MySpace Music shop as independent joint partnership with Universal Music, Sony BMG and Warner Music Group. The forth biggest music company EMI is expected to join the group soon. The music companies will get a minority stakes in the venture and will make their complete music catalogs available