MySpace To Roll A New Music Video Service
October 22, 2009 at 4:15 AM (PT)
MYSPACE will launch a new music video service that will work their way into millions of profiles at rival FACEBOOK as well, reports THE SEATTLE TIMES. New MYSPACE CEO OWEN VAN NATTA announced at the WEB 2.0 SUMMIT in SAN FRANCISCO that MYSPACE will be working with the four major music labels on the project, which will have a dedicated MYSPACE Music Videos page and feature artist pages in search results on both MYSPACE and on a GOOGLE music search service set to launch next week (NET NEWS 10/21).
With the new service, MYSPACE-branded videos will also play inside iLIKE applications on competing sites such as FACEBOOK, BEBO, ORKUT and HI5. They will replace videos that iLIKE used to get from YOUTUBE.
The reports says "the videos will come with 'overlay' ads, which are partly translucent and don't interrupt the video. Buttons on the ads will let viewers easily buy song downloads from AMAZON.COM or the iTUNES music store. Any transactions will generate a small fee for MYSPACE."