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Myspace to Sell MP3s From Unsigned Bands

Posted by ryuzaki0 on from the i-want-to-rock-and-roll-all-night dept.

soldrinero writes "Yahoo! news is hosting a story about a new competitor to Apple's iTunes Music Store. Nearly all the other iTunes competitors have been strongly controlled by the music industry, shackled in DRM, and giving little back to artists. The new MySpace music store will feature vanilla MP3 downloads at prices set by the individual bands (3 million of them!), all or nearly all of whom are unsigned musicians with no industry affiliation. Is this the example we have all been waiting for of how the Internet will obviate the business model of the recording industry?"

8 of 253 comments (clear)

  1. memories by legoburner · · Score: 2, Funny

    Reminds me of mp3.com which was quite neat back in the day and made a few unknown bands rather rich. I remember reading one success story of some jazz musician that was bringing in about $20000 per month from CD sales on mp3.com. Anything that loosens the grip of the Recording Industry Ass. of America and international equivalent is very welcome. Just dont let the myspace users design their own store areas like the horrific myspace personal pages :)

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    Warhammer forums
  2. Vanilla Mp3 by in2mind · · Score: 2, Funny
    The new MySpace music store will feature vanilla MP3 downloads

    I guess that means Non-DRM'ed MP3...

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    Wincopy
    1. Re:Vanilla Mp3 by gEvil+(beta) · · Score: 3, Funny

      I want chocolate mp3s, or better yet, neopolitan!

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      This guy's the limit!
  3. Yes by Anonymous Coward · · Score: 4, Funny
    Is this the example we have all been waiting for of how the Internet will obviate the business model of the recording industry?
    Yes... except it's at MySpace, the greatest hellhole on the entire Internet. I'm so conflicted...
    1. Re:Yes by shut_up_man · · Score: 4, Funny

      Ah, it's ok. It's like Jabba the Hutt helping to take down the Empire.

  4. Re:This is great news by the_unknown_soldier · · Score: 2, Funny

    Don't worry: nobody believes you have a wife.

  5. Re:No, because ... by Nuskrad · · Score: 5, Funny

    You underestimate just how many emo kids there are out there

  6. Unsigned bands? by motiz88 · · Score: 2, Funny

    I bet these "MP3s from unsigned bands" won't play in Vista x64 Edition...

    It's a matter of security, you see.

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    IMPEACH XENU