MySpace Music To Launch Tonight. Here’s What You’ll See (And Hear)

Publicado: 26 setembro, 2008 em Uncategorized

 
From: Michael Arrington
Sent: Wednesday, September 24, 2008 6:10 PM
Subject: MySpace Music To Launch Tonight. Here’s What You’ll See
(And Hear)

The
ambitious
new MySpace Music
joint venture will launch this evening at midnight PST at
music.myspace.com. All four major labels
– Universal, Warner, Sony and EMI – are on board (EMI was a last minute
addition). Also joining the venture is The Orchard, an independent music
distributor, and four major publishing companies. Basically, everyone who
controls rights to music is part of the new venture.

MySpace Music allows users to stream virtually any song ever published for
free. Users can also create playlists that contain up to 100 songs and share
them with others. Any song can also be downloaded in non-DRM MP3 format, for a
fee, from Amazon’s music download service. And if you want that song as a
ringtone, you can get it as well via Jamster.

Song streaming is supported via advertising on the site, and major
advertisers like McDonalds, Sony Pictures, State Farm and Toyota are already
signed up
.

The site isn’t live, but we’ve included a number of screenshots supplied by
MySpace (and it looks like the leaked
screen shots
were real).

Music Discovery

This isn’t just streaming music on demand. The playlist functionality and
sharing will let users discover new music as well from the 5 million artists (a
mix of major, unknown, and indie acts) that populate MySpace Music.

MySpace will promote popular playlists from users and will also create their
own Top 100 lists from all users as well as just your friends, coworkers, etc.
So each user will have personalized music recommendations from their
friends.

MySpace Music: So Awesome, It’s Illegal?

MySpace Music goes a long way towards music’s inevitable future where all
recorded music will be free
. They, along with services like iMeem, are now giving on
demand streaming music at a zero price point to users, which was inconceivable
even a couple of years ago.

But the joint venture also raises legal concerns because it isn’t clear how
labels are being compensated. They clearly own stock in the new company, which
may be valued
as high as $2 billion
already. But what isn’t known is if MySpace has a
special deal with the labels that lets them avoid paying per-stream fees for
songs like everyone else does. Companies like Rhapsody, Last.fm and iMeem pay a
reported $.005 to $.01 per song stream. If MySpace is paying less than that,
there may be antitrust
and price discrimination concerns
. MySpace won’t comment on their deals with
labels, other than to say that they are paying for the music. More transparency
would go a long way towards helping us understand if these deals are fair to the
market in general. Without that information, it’s easy to draw the conclusion
that the labels are in this for the stock value of the entity and are willing to
burn other Internet players to give it a competitive advantage.

More screenshots below:




Crunch Network: CrunchGear drool over the sexiest new
gadgets and hardware.

Posted by email from Roberto Warken (posterous)

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