Page last updated at 17:19 GMT, Thursday, 3 April 2008 18:19 UK

MySpace in online music project

MySpace advert
MySpace has about 200 million registered users

Networking site MySpace is to launch an online music service in partnership with three major music companies.

The new service MySpace Music is being launched with Universal Music, Sony BMG Music and Warner Music.

Users of the new service will be able to listen to music and watch music videos free of charge, while paying a fee to download music.

The website will also make money from advertising and selling merchandise like ring tones and concert tickets.

However, the exact terms of the deal were not disclosed.

The one major record firm excluded from the partnership was EMI.

The new music service is seen as a possible competitor to Apple iTunes Music Store, which has dominated the digital music market.

The music industry has been concerned about a lack of competition for iTunes in the digital music market.

Music firms see a new entrant in the music download market as a positive change.

"This gives a great new lease of life for the download market," said Thomas Hesse, Sony BMG president of global digital business.

MySpace opens doors to developers
30 Jan 08 |  Technology
MySpace drama's TV premiere flops
29 Feb 08 |  Entertainment
Google opens up social networking
31 Oct 07 |  Technology
The etiquette of networking
06 Jun 07 |  Technology

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Sign in

BBC navigation

Copyright © 2019 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific