MySpace, Majors Make Adjustments For Joint Venture

As the dust settles from the Sept. 25 launch of MySpace’s highly anticipated and somewhat controversial new music service, the broader implications of the initiative are becoming clearer. A joint venture of the News Corp. subsidiary and Universal Music Group (UMG), Sony BMG Music Entertainment, Warner Music Group, EMI Music and Sony/ATV Music Publishing, MySpace Music Service represents a turning point for the recording industry and MySpace itself.As the dust settles from the Sept. 25 launch of MySpace’s highly anticipated and somewhat controversial new music service, the broader implications of the initiative are becoming clearer. A joint venture of the News Corp. subsidiary and Universal Music Group (UMG), Sony BMG Music Entertainment, Warner Music Group, EMI Music and Sony/ATV Music Publishing, MySpace Music Service represents a turning point for the recording industry and MySpace itself.As the dust settles from the Sept. 25 launch of MySpace’s highly anticipated and somewhat controversial new music service, the broader implications of the initiative are becoming clearer. A joint venture of the News Corp. subsidiary and Universal Music Group (UMG), Sony BMG Music Entertainment, Warner Music Group, EMI Music and Sony/ATV Music Publishing, MySpace Music Service represents a turning point for the recording industry and MySpace itself.As the dust settles from the Sept. 25 launch of MySpace’s highly anticipated and somewhat controversial new music service, the broader implications of the initiative are becoming clearer. A joint venture of the News Corp. subsidiary and Universal Music Group (UMG), Sony BMG Music Entertainment, Warner Music Group, EMI Music and Sony/ATV Music Publishing, MySpace Music Service represents a turning point for the recording industry and MySpace itself.As the dust settles from the Sept. 25 launch of MySpace’s highly anticipated and somewhat controversial new music service, the broader implications of the initiative are becoming clearer. A joint venture of the News Corp. subsidiary and Universal Music Group (UMG), Sony BMG Music Entertainment, Warner Music Group, EMI Music and Sony/ATV Music Publishing, MySpace Music Service represents a turning point for the recording industry and MySpace itself.As the dust settles from the Sept. 25 launch of MySpace’s highly anticipated and somewhat controversial new music service, the broader implications of the initiative are becoming clearer. A joint venture of the News Corp. subsidiary and Universal Music Group (UMG), Sony BMG Music Entertainment, Warner Music Group, EMI Music and Sony/ATV Music Publishing, MySpace Music Service represents a turning point for the recording industry and MySpace itself.As the dust settles from the Sept. 25 launch of MySpace’s highly anticipated and somewhat controversial new music service, the broader implications of the initiative are becoming clearer. A joint venture of the News Corp. subsidiary and Universal Music Group (UMG), Sony BMG Music Entertainment, Warner Music Group, EMI Music and Sony/ATV Music Publishing, MySpace Music Service represents a turning point for the recording industry and MySpace itself.As the dust settles from the Sept. 25 launch of MySpace’s highly anticipated and somewhat controversial new music service, the broader implications of the initiative are becoming clearer. A joint venture of the News Corp. subsidiary and Universal Music Group (UMG), Sony BMG Music Entertainment, Warner Music Group, EMI Music and Sony/ATV Music Publishing, MySpace Music Service represents a turning point for the recording industry and MySpace itself.