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In this Company Report
News Corp.-owned social networking site MySpace has signed a joint venture with three of the major record labels, Sony BMG, Warner Music Group and Universal Music Group in a bid to monetize its 30m user base more efficiently. Labels are seeking ways of generating additional revenues as physical retail sales of music continue to decline.
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available
- to FULL subscribers of:
published:
16-Apr-08
pages:
-
tables & charts:
Author/s
Dan Cryan
Territories covered
North America
USA,
Companies mentioned
EMI
MySpace
News Corp
Sony BMG
Universal Music Group
Warner Music Group
Fox Interactive Media
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