My Space making an impact on the digital music scene

2008-09-26 06:20:31 (GMT) (WiredPRNews.com - Entertainment, Top Stories)

Millions of users around the world can now access for free thousands of songs from famous recording labels with the help of the much awaited service from MySpace. This move effectively spruces up MySpace’s online presence.

Dallas, Texas (WiredPRNews.com) — There is however a catch to this. This music which can be played only with internet connection on a personal computer will invariably come with a host of advertisement displays. If you want to download any of your favorite songs, you can do it at the downloading service offered by Amazon.com on payment.

MySpace’s music will not be limited by the number of times a track can be copied as against Apple’s iTunes service. Users of MySpace are allowed to create any number of play lists each containing upto 100 songs. If all goes well with MySpace’s plans, people can share a variety of music with friends with the help of their profiles posted on various playlists.

With the help of these attractive recommendations, recording labels are hoping to generate revenue and balance out on their recent losses due to reduction in sales of CDs. Apart from Warner Msic Group Inc., three other prominent labels have opened library with MySpace. These include EMI Music, Sony BMG Music Entertainment and the Universal Music Group.

Apple’s dominance over the music industry by refusing to sell popular songs at a higher price has hit a lot of music labels. These labels are now pinning their hopes on MySpace service hoping it can counter the dominance of Apple iTunes.