Myspace Trying To Be iTunes?

Just when folks thought Facebook was the hot new shit on the street.
March 24, 2008 — MySpace’s plan to launch a digital-music joint venture with the major record companies is picking up steam, as the social networking giant nears deals with Sony BMG and Warner Music Group, multiple sources familiar with the situation told The Post.
The agreements could be signed as soon as this week. The service is expected to launch later this year. [ read more ]
The new Myspace Music site will turn to a pay-per-download basis, focusing on the digital sales of music in MP3, ringtone, and video forms. New ad-supported videos and label campaigns will also play a role in the transformation. To make a long story short: Fox is going to be rolling around in our hard earned money.
So, is this all in the name of good music or is Myspace being pimped by the mainstream recording industry?















March 26th, 2008 at 1:07 am
this is all bout that cash money
i gotta get my internet shit poppin. niggas from yahoo, youtube, facebook,myspace getting sum serious cake. i wonder whos next
March 26th, 2008 at 1:27 am
Myspace blows facebook out the damn water. I don’t see the competition between the two at all, yet again I’m not that big of a social media dork.
andre
March 26th, 2008 at 1:31 am
time 4 me 2 create an account then ya dig
March 26th, 2008 at 1:33 am
ps rtny
tom doesnt own myspace fox does,but I WILL BE THE KING OF RINGTONES HAHAHAHAHA
March 26th, 2008 at 2:50 am
I dont see how some ppl have myspace AND facebook accounts.. I can only keep up with one at a time and thats myspace
March 26th, 2008 at 4:15 am
I use itunes already, and don’t really see what myspace is offering that’s new. The ringtones thing is cool though.
Watch them do myspace maps now too, so you can see how far you live from your friends.
I don’t think that would generate money…since that nails right into privacy issues, but if myspace does that…the future’s gonna be lookin stupid.
does tom still own/run myspace? or did he sell it like a year ago? i know he’s still the “face” of it…but i thought someone bought it out. someone wanna confirm or do the research and post it here?
March 26th, 2008 at 5:27 am
shit fox been owned myspace. just read the agreement when you start a new page. if i’d known about the affiliation with fox i wouldve put so much work in it. rawkus is the best, may not be the biggest or most recognized but its the best !!
March 26th, 2008 at 9:20 am
Personally i dont get it.
Why has iTunes, or per per download worked so well for companies?
Are people Naive? or do they just want to download the right way? Paying for a ringtone i could understand because creating ringtones does require work. But seriously, what in the world could they possibly be offering consumers to pay .99 cents per song?
At this point you can literally go to GOOGLE and download/find what you want for yourself. For Example: Day26, which just leaked to the internet less than 48 hours ago, you could goto GOOGLE type “Day26 ddl” or Even Day26 album download and find it. ANd those search techniques are the worst, but the point im making is these companies think that people are going to buy into downloading shit off there site and charging .99 cents a download. Sooner or Later there going to be right back at the drawing board. They’ve got to come up with something more creative, to intrigue people to buy. Pay .99 cents for a shitty as song, that you dont want on the album is stupid. Even that, individualizing the songs is even a worse idea. Think about it. You’re artist put all that time and effort into the music and the company is giving the PEOPLE the option to skip over or not download the track.
This is why i say, this system will NOT WORK 3-5 year down the road.
As far as MySpace and Facebook is concerned they are just adding it into their revenue stream. Not to try to compete with Apple but really because they can earn a couple extra mil just by including this in their platform. Clearly if you can keep someone from leaving your site you can do it at all costs. MySpace/Facebook has not chance in hell of competing with Apple, not even on a good day.
March 26th, 2008 at 2:04 pm
#8
the problem is that the artist, rap artist anyway, dont put all that hardwork and time or effort into the albums, they put more effort into the single. and back when we couldnt download the album we had to pay full price or buy bootleg, and when u pay full price for a album and the rapper is spittin sum halfass bullshit, u feel like you u just got robbed and your getting robbed repeatedly. so i’m just downloading what they owe me