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Myspace music

MySpace, evidently hoping to make some Real Money aside from ad revenues, will sell music, songs from 3 million or so unsigned bands that are hanging out on the system. [NY Times Link]

Songs can be sold on the bands' MySpace pages and on fan pages, in non-copyright-protected MP3 digital file format, which works on most digital players including Apple's market-dominating iPod.

The bands will decide how much to charge per song after including MySpace's distribution fee, said Rusty Rueff, the chief executive of Snocap, which will manage the e-commerce service. Snocap provides digital licensing and copyright management services and was started by Napster founder Shawn Fanning.

jon posted this at 10:13 AM
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