Myspace to Sell MP3s From Unsigned Bands

soldrinero writes "Yahoo! news is hosting a story about a new competitor to Apple's iTunes Music Store. Nearly all the other iTunes competitors have been strongly controlled by the music industry, shackled in DRM, and giving little back to artists. The new MySpace music store will feature vanilla MP3 downloads at prices set by the individual bands (3 million of them!), all or nearly all of whom are unsigned musicians with no industry affiliation. Is this the example we have all been waiting for of how the Internet will obviate the business model of the recording industry?"

memories

[legoburner]

Reminds me of mp3.com which was quite neat back in the day and made a few unknown bands rather rich. I remember reading one success story of some jazz musician that was bringing in about $20000 per month from CD sales on mp3.com. Anything that loosens the grip of the Recording Industry Ass. of America and international equivalent is very welcome. Just dont let the myspace users design their own store areas like the horrific myspace personal pages :)

Vanilla Mp3

[in2mind]

The new MySpace music store will feature vanilla MP3 downloads

I guess that means Non-DRM'ed MP3...

Yes

[Anonymous Coward]

Is this the example we have all been waiting for of how the Internet will obviate the business model of the recording industry?

Yes... except it's at MySpace, the greatest hellhole on the entire Internet. I'm so conflicted...

Re:This is great news

[the_unknown_soldier]

Don't worry: nobody believes you have a wife.

Re:Vanilla Mp3

[gEvil (beta)]

I want chocolate mp3s, or better yet, neopolitan!

Re:No, because ...

[Nuskrad]

You underestimate just how many emo kids there are out there

Re:Yes

[shut_up_man]

Ah, it's ok. It's like Jabba the Hutt helping to take down the Empire.

Unsigned bands?

[motiz88]

I bet these "MP3s from unsigned bands" won't play in Vista x64 Edition...

It's a matter of security, you see.