Wednesday, October 17, 2007

MySpace Will Host Sony BMG In Next-Generation Deal


by Gavin O'Malley
MySpace has signed a new licensing agreement with Sony BMG Music Entertainment to host the label's various offerings. The deal marks MySpace's first partnership with a major record

Digestif view

This is great for mySpace. And it's great for meeting consumer demand.

At least one record label is back on the wagon.

I can see the PR helping artists and it's good that Sony is going to see some revenue through advertisers, but is it enough to come through the decimation of the old model?

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