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.

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Originally posted 2008-02-19 21:27:24.

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One Response to “MySpace To Start Ad-Supported Music Streaming/Download Service”

  1. BILL on February 20th, 2008 5:15 pm

    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

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