Steve's Blog
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My Space music breakthrough
December 08 2009
Thanks to the ground breaking deal it's just struck with PRS (the company who handle music rights) Myspace is set to position itself as one of the big future music distributors. It will rival music streaming services such as Spotify with it's own free online service with what it claims will be a larger catalogue and without any ad breaks.
Do you think the music labels will finally wake up and smell the coffee? Unfortunatly I don't think so. Whilst at a social media conference earlier this year they were still happily shooting themselves in the foot being stuck on mp3 issues. There's a big pot of money from the newly de-criminialised music listening public that the record labels simply don't want to take. Strange.... I'll have it :)