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| MySpace launches music site in UK |
 MySpace expands its presence in
the entertainment market on Thursday with the British launch of
its music service, as the social networking site seeks to
reinvent itself after being eclipsed by rival Facebook.
MySpace Music is already up and running in the United States, and aims to combine music content in the form of songs, videos, artist profiles, playlists and charts with social networking allowing fans to share their discoveries online.
Access to the site is free, but News Corp-owned Myspace aims to make money through advertising and by taking a share of sales of concert tickets and merchandise, reflecting broader diversification in the struggling music business. Users can also purchase and download songs and albums on Apple's iTunes digital store. "This is indicative of the direction we want to go," said Courtney Holt, president of MySpace Music. Read Full Article on CNN Related Articles: Block this music monopoly - TM/LN merger will hurt concert consumers. by David Balto (originally published at Philly.com)
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Block This Music Monopoly OP/ED - This article was originally published in The Philadelphia Inquirer. Nine
months after Ticketmaster announced its proposed merger with Live
Nation, the Justice Department's antitrust investigation seems to be
entering the ninth inning, and the bases are loaded. Numerous consumer
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"Got a spare gig ticket? Want one? Seatwave, an online marketplace, lets fans buy and sell event tickets safely and easily," reads the report. "The...
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