MySpace Vs. iTunes? Hardly September 4, 2006
Read more Digital Audio , Gadgets , Home Entertainment , Laptops , Mobile phones , Online , PC , PDA
Oh well, it’s not that surprising but MySpace with its global army of networked teens is entering the music download game.
A deal has been struck with Snocap, set-up by Napster founder Shawn Fanning, which provides digital licensing and copyright management services. Users of the new service will be able to download tracks from up to 3 million unsigned bands and artists. Artists will price the songs, factoring in the MySpace commission, and hope that the millions of cash-rich teens will turn them into the next Arctic Monkeys.
However, MySpace will not be selling downloads from record companies. Hang on. Just unsigned artists? Yep. So all that hysterical ‘MySpace tackles iTunes’ reports from mainstream press/sites is just sensationalist headline nonsense to con readers into reading a completely different story then? Bingo. - Martin Lynch
Editor and Contributor | Martin Lynch
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Nah, the comparisons are valid. The aim is to roll out DRM'ed music from the record labels further down the line, thus taking on iTunes:
http://mashable.com/2006/09/01/breaking-myspace-to-sell-music-from-3-million-bands
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There was an article by Jon Longoria at theReformed (source: http://www.thereformed.org/2008/04/24/apple-wins-by-the-numbers/ ) regarding MySpace's challenger music service to Apple's iTunes which was a follow-up to his original article (source: http://www.thereformed.org/2008/04/07/myspace-gambles-big-on-lost-cause/ ). Jon makes a good case on the probable outcome of MySpace vs iTunes.