With the signing of an agreement with three of the biggest recording labels known of today, the popularity of MySpace music downloads is set to increase, which will see artists and record labels gain a great deal of value from the social network.
Universal, Warner Music Group, and Sony BMG have signed a MySpace music downloads deal that will see MySpace charge for a music download service that will see artists and the record labels gain added value along with the MySpace member.
MySpace has hundreds of thousands of users globally and predominately promotes artists of all genres, and with the signing of the record label agreement earlier this year the launch of MySpace music downloads is expected to create excitement amongst MySpace users and draw an even greater following for the social networker in the future.
“The International Federation of Recording companies stated in 2005 that over 180 million songs were legally downloaded in the first half of 2005, this number has grown to 1.7 billion in 2007.”
MySpace has hundreds of thousands of users globally and predominately promotes artists of all genres, and with the signing of the record label agreement earlier this year the launch of MySpace music downloads is expected to create excitement amongst MySpace users and draw an even greater following for the social networker in the future.
MySpace will charge for MySpace music downloads and offer a complete service to subscribers however at this stage the exact details are unknown. MySpace expects that the music download service will give users the opportunity to download the music of their choice to their PC and mobile phone, in the form of ringtones, as well as download music orientated wallpapers from the MySpace website.
There are currently millions of bands and solo artists on MySpace in many popular genres, such as hip hop, rock, Emo, experimental, and alternative music, and the launch of MySpace music downloads will allow these artists to sell their music directly from their MySpace website, along with concert tickets and other promotional materials. MySpace music downloads will undoubtedly allow music lovers to download their favorite musicians music at any time of the day or night for a relatively inexpensive fee.
