p2pnet news | Music:- MySpace is becoming a major power in the land.

On the heels of an announcement that it’s struck a deal with Skype, eBay’s shaky online telephone outfit, comes further news that it and Big 4 organised music cartel member Sony BMG have agreed a music licensing deal under which MySpace will “allow” users to stream music videos and “certain songs and other content” in full, “in return for a share of advertising and sponsorship revenues”.

As part of the deal, “MySpace will promote Sony BMG artists through banner ads and other avenues,” continues the Hollywood Reporter, adding:

“Financial details of the deal were not disclosed.”

Slashdot it!

Also See:
struck a deal – Skype, MySpace, team up, October 17, 2007
Hollywood Reporter – Sony BMG, MySpace in duet, October 17, 2007

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This entry was posted on Wednesday, October 17th, 2007 at 6:41 am and is filed under Music. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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