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MySpace Teams With Record Companies To Create Music Site

The New York Times reports on a deal between MySpace and three of the four major music labels to develop a new music website. Users will be able to stream songs for free, purchase downloadable tracks, and (possibly) pay a flat monthly fee for unlimited access. From the Times: "Exact terms of the deal and details about the new site, like prices for downloaded music tracks, were not disclosed. But MySpace did say the site would offer songs free of digital rights management software or D.R.M., which is used to prevent illicit copying but can create technical hurdles for buyers. The songs would be playable on any portable music device, including Apple's iPod. For the music industry, the deal is partly born of desperation. In the face of widespread, escalating online piracy, music sales dropped to $11.5 billion in 2006 from a peak in 1999 of nearly $15 billion."

2 of 147 comments (clear)

  1. A bit more respect is due. by Futurepower(R) · · Score: 0, Offtopic

    Former Minnesota Governor Jesse Ventura was a Navy Seal, trained in demolition. If you listen to the interview, you will hear his reasons.

    1. Re:A bit more respect is due. by memorycardfull · · Score: 0, Offtopic

      Respectfully, he was trained to blow things up underwater. Ventura makes it clear that he knows nothing about controlled demolitions, even going so far as to say his expertise boils down to throwing more C4 on something if you don't get the job done the first time. He is using the same approach to sell his new book through this radio interview, except he is substituting 9/11 conspiracy for C4.