A joint project is launching with Myspace (owned by News Corporation) and major music companies like Sony and the Warner Music Group. It's called MySpace Music - taking over their old way of music.myspace.com. MySpace users can create a 10-song jukebox for free, picking from millions of songs. And of course, the question is: How are they going to make money? Well, advertisements like most other things. In addition, users can buy any of the songs in the system through Amazon.com if they want to move the music off of their computer. I think this is so great! Hopefully it will help the music business remake some of the money they have been losing in recent years. One day this online stuff has got to start paying the music business back. That would at least be fair. We will see, though! And now we have tons of songs on MySpace to pick from. The rest of this story can be found in the New York Times.
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