MySpace punts 'MyTunes', targets Apple
Direct selling to cut out record companies
MySpace is to start selling some of its music content, the Murdoch-owned social networking site said on Friday.
In a totally expected move, the adolescent hive mind has decided to make the efforts of some three million unsigned bands available for download DRM-free.
Details are scant – pricing has not been finalised – but MySpace said it should have the service up-and-running by the end of the year.
MySpace co-founder Chris DeWolfe told Reuters: “The goal is to be one of the biggest digital music stores out there. Everyone we’ve spoken to definitely wants an alternative to iTunes and the iPod. MySpace could be that alternative.”
iTunes currently swallows over 70 per cent of the US market.
Full article: The Register