Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

MySpace, Universal, Warner join forces

|
|
 
  
Published: April 3, 2008 at 1:55 PM

LOS ANGELES, April 3 (UPI) -- MySpace, Universal Music Group and Warner Music Group announced the formation of MySpace Music, a company that will have its headquarters in Los Angeles.

The new company was created to bring together the popular music community with one of the most comprehensive catalogs of music content available online, unveiling a host of new music services and monetization models, the three parties said in a news release.

The financial terms of the partnership weren't disclosed.

The companies said MySpace Music will empower bands and fans with unprecedented digital music service and an e-commerce platform within MySpace that will include DRM-free digital downloads, ad-supported audio and video streaming and a mobile storefront powered by News Corporation's Jamba mobile company.

"Today represents the beginning of a new chapter in the story of modern music -- we're proud to announce the marriage of the world's biggest collection of music content to the world's most popular music community," Chris DeWolfe, chief executive officer of MySpace, said in a statement. "Millions of die-hard music fans and artists already call MySpace Music home -- by partnering with these industry leaders, our vision for MySpace Music as the definitive platform for unlimited artistic expression and unrestricted user experience is finally being realized."

Topics: Chris DeWolfe
© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Protesters, police clash at NATO summit Notable deaths of 2012 2012 Billboard Music Awards
The 137th Preakness Stakes Annual Solar eclipse occurs in U.S. Chen Guangcheng arrives in the U.S.
Additional Entertainment News Stories
1 of 29
Members of the Army's Old Guard place flags at Arlington National Ceremtery
View Caption
U.S. flags are seen in the rucksack of a soldier with the Army's 3d U.S. Infantry Regiment, The Old Guard, as he places flags at gravesites in Arlington National Cemetery as part of the Flags-In Memorial Day ceremony on May 24, 2012 in Arlington, Virginia. American flags were placed at each of the more than 220,000 grave markers in honor of those who served and Memorial Day. UPI/Kevin Dietshc
fark
Delta Airlines begins testing flights with even crappier service
Only in Miami: Police shoot, kill naked man who was EATING A MAN'S FACE
You can get just about anything you want at Afghan markets, including lots of stolen American military...
Chicago Fark Party - 9 June - New bat time, new bat channel
Apparently one of the 11 secret herbs and spices KFC uses is wood harvested from Indonesia's endangered...
New York Times jumps on goofy trend piece bandwagon, explores hot trend of 16-year-old "young cougars"...