Those smaller, indie-labels not invited to the party to last nights final launch of Republicans-main-bitch-Rupert Murdoch-owned MySpace music have their collective panties in bunch...
'MySpace Music site, which will be the music industry's largest attempt to date to generate advertising revenue in exchange for free online music,' this, according to Business Week.
'Sound familiar? This was exactly how another site -- 'Muxtape worked before it was shut down,' but experts say Murdoch's myspace music -- 'went through the appropriate channels to develop the deal.' -- by cutting the large record companies into the ad-pie-revenue...
Soooo...what about the smaller INDIE-guys?
'Indie bands are the heart of MySpace, but no one promised that indie labels would be cut in on a piece of that sweet pie, since the site is basically doing your job for you and making your middle-man position unnecessary...' -- sounds like fuzzy-math? I guess indies should be happy to be, well, Indie...it's not like they need any of that AD-money....right?
The current idea sounds simple enough: 'Offer every shred of music out there, including new releases and most of the catalogs of the four major labels—Universal Music Group, Sony BMG Music Entertainment, Warner Music Group (WMG), and EMI. It could be a marriage made in heaven. With 120 million global users and 35 million unique users each month, MySpace has what the music industry badly needs—the attention of the young, hip demographic advertisers most crave. What's more, these users love music; about two-thirds have streamed songs to their pages, MySpace says.'
Smells like a hit? Yeah, maybe...'but,shouldn't that actually be a-marriage-made-in-Rupert-Murdoch-heaven...'as-long-as-you're-a major record-company...??
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