MySpace, Record Companies Unveil Music Service

By Sergio Published on .

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The popular social networking site MySpace has signed deals with Sony BMG, Universal Music Group and Warner Music for a new joint venture, MySpace Music, reports. In addition to providing ad-supported audio and video streams, the service will allow fans access to DRM-free digital downloads for purchase, a mobile download store and several sponsorship opportunities.
-Sergio Ibarra
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