EMI is reportedly near to joining Universal, Warner Music and SonyBMG in making its repetoire available through the pending MySpace Music service.

A report claims the two companies are already in talks, with negotiatiors on both sides attempting to surmount a few final hurdles before agreeing the deal.

MySpace Music was originally anticipated to launch this week, but it looks like that moment may be delayed while the service secures EMI to be part of the launch.

On launch, MySpace will offer music for free streaming from across major label catalogues, and will also offer songs for sale, using Amazon’s MP3 service to provide the music.