MySpace To Start Ad-Supported Music Streaming/Download Service
Posted on April 13, 2010
Filed Under News
Looks like MySpace.com is in talks with four major record labels to start a music streaming / download service. Why “streaming / download”? Well, I’m not really sure whether it will be a music streaming or download service. According to PaidContent, MySpace will be offering free music download service but other sources could not confirm the statement.
From what I heard, MySpace is ‘just’ talking and there are no confirmed reports or statements made by MySpace yet. A MySpace spokeswomen has declined to comment.
Related Stories:
- MySpace’s music plan likely to be streaming service
- Myspace to start ad-supported music delivery service
Originally posted 2008-02-19 21:27:24.
Popularity: 10% [?]
Similar Posts:
- Facebook’s Response to MySpace Music : iLike
- Is Music Perpetuating MySpace’s Lead in the US?
- MySpace Is Venturing Into The Music World
- MySpace & FaceBook Battle For The Music Market!
- Coldplay Streams New Album On MySpace
- MySpace and Sony BMG makes a deal
- Cute MySpace New Years Comment Picture
- The Present Status of MySpace
Comments
One Response to “MySpace To Start Ad-Supported Music Streaming/Download Service”
Site Stats
Site Policy
The latest attempts at new music distribution are to give music away free, but it’s a fallacious business strategy, whether SpiralFrog, Qtrax or Baidu in China. Unfortunately, this is unsustainable from a cost/revenue perspective, and counterproductive to the music retail market. The digital ad industry is simply not big enough to support the digital music industry.
Digital music market is now at $30 billion and rising (including illegal downloads). While digital advertising is only at $20 billion and slowing.
There’s an excellent analysis at Brooding Savage blog: http://www.broodingsavage.com/business-analysis/ad-supported-music-2.html