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MySpace Music today completed a deal to acquire certain assets of the popular social media music service imeem.
MySpace CEO Owen Van Natta says the deal, “will allow us to leverage imeem’s industry leading technology and over time, meaningfully integrate their products into the MySpace Music experience.”
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Here’s news: MySpace has launched its music service in the UK, which is apparently supported by 50 Cent, Pixie Lott, Katie Price and more.
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Press Release from MySpace, thought some might be interested in the full thing, rather than a translation.
“FYI – Today MySpace CEO Owen Van Natta announced a wave of new MySpace Music products in a keynote discussion at the Web 2.0 Summit. The conversation included details about MySpace’s overall business strategy and future. The full press release is embedded below for your reference.
These new services rolling tonight include:
· A new MySpace Music Videos product
· MySpace Music Artist Dashboard
· A new Apple/ iTunes integration
· The first iLike product integrations into MySpace with Music Videos and Artist Dashboard
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We thought it had gone just a little bit quiet with MySpace Music – now we know why – backed by News International it appears MySpace is attempting to acquire popular music steaming and recommendation service, iLike (which launched its own music download service this week) for a cool $20 million.
This news is going to concern Apple’s iTunes team – iLike is the music network that’s most used by Facebook users, and with millions using that service, News International could leverage its new property under the MySpace Music umberella to make a pretty big attempt to unseat Apple’s music service from its current position of market dominance.
MySpace is slashing staff by 30 per cent, saying the company plans a “return to a start-up culture” to hatch its future plans.
In a move confirmed this afternoon (June 16), and as part of a plan to restructure itself into a more “innovative, efficient, and entrepreneurial business”, MySpace announced today that it will reduce its staff by nearly 30 per cent. This restructuring plan crosses all US divisions of the company and lowers the total number of domestic staff at MySpace to 1,000 employees.
MySpace Music will offer the world exclusive premiere of Kasabian’s new album ‘West Ryder Pauper Lunatic Asylum’, making the album available for free streaming playback from today, Monday 1 June.
The album is available here, one full week before appearing on general release.
It’s the third album from the band, the follow-up to 2006’s no1 album Empire, which has sold over a million copies to date.
Following widespread leaks of tracks through file-sharing networks, U2 last night made tracks from the band’s soon-to-ship album, ‘No Line On The Horizon’ available for streaming playback through MySpace.
The band have made the entirety of the release available for playback through the service, but only to US users. Outside the US only the first single from the album is available for streaming.
iTunes remains a key barometer for musical success in both the US and UK, EMI notes with news that Lily Allen’s ‘It’s Not Me, It’s You’ album has seized the number one slot in both the UK album chart and on the iTunes US album chart in its first week of release.
Allen’s single ‘The Fear’ continues to lead the UK singles chart for the third week running, the label confirmed, while the album sits at number 5 on the Billboard top 200 chart.
MySpace Music today announced three secret Lily Allen performances on three continents.
The singer will stage intimate concerts for her MySpace fans in New York, Tokyo and London at no charge.
The events mark the first time a single artist will take part in multiple MySpace Secret Shows on a global basis, and follow the world exclusive premiere of ‘It’s Not Me, It’s You’, Lily Allen’s second album on MySpace.
Passionato has become an award-winning digital music service, offering as it does top quality classical music downloads in an open format, but it may not be a long wait until record labels move to offer more music in high-quality FLAC and/or Apple Lossless formats, or so it appears.
While this season’s speculation continues to centre on claims Apple will introduce more major labels through its iTunes Plus service, a report from Topspin Media suggests the window of opportunity for purchase of a wide selection of music in lossless formats may be close to opening.
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