We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
78,713 News Articles

Online music store planned by MySpace

Bands will set their own prices

MySpace has talked of plans to sell music downloads before the end of this year.

According to the Financial Times, the company plans to develop a scheme under which unsigned bands will be able to sell their tracks in MP3 format through the website.

MySpace will charge bands a small but undisclosed fee for the sale, and bands will be allowed to set their own prices for tracks.

The company has chosen to sell songs in the non-rights-managed MP3 format so that music fans will be able to play the purchased tracks on their iPods. Apple does not license its FairPlay digital rights management system to third-party companies.

In the future the company hinted at plans to make catalogues from signed artists available through the service.

Talking to Reuters, MySpace co-founder Chris DeWolf said: "The goal is to be one of the biggest digital music stores out there. Everyone we've spoken to definitely wants an alternative to iTunes and the iPod. MySpace could be that alternative."

MySpace currently has 106 million users and is now owned by the giant international media conglomerate News Corporation.


IDG UK Sites

Android One vs Android Silver vs Google Nexus: What is the difference?

IDG UK Sites

Apple updates MacBook Pro line-up: Price cuts & spec boosts for 6 MacBook Pro models

IDG UK Sites

Long live the internet fridge: the Internet of Things is coming

IDG UK Sites

How Prometheus' colourist Juan Ignacio Cabrera gave a tense, edgy feel to Chosen