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VIEW EVENT INFORMATION: Myspace |
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Confirmed: MySpace To Launch New Music Joint Venture With Big Labels |
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About the organization Myspace: Type: Business Sub-Types: Website, Social Networking Agent, Audio Hosting Agent, Video Hosting Agent, Text Hosting Agent, Picture Hosting Agent |
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Notable Organizations: Myspace, Techcrunch |
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We’ve confirmed through sources that MySpace has settled the pending litigation Universal Music, albeit in a very unique way. They’ll create a new MySpace Music joint venture, with equity stakes from all the major labels (except EMI, which is still negotiating).
Expect the announcement today, and a launch of the new music property in July or August 2008. The news was first reported… |
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