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The Second Coming Of MySpace - PCstats.com The Second Coming Of MySpace
Mon, April 19 2004 | 10:23PM | PermaLink Feedback?
"You don’t drop half a billion dollars on a business without a game plan for recouping. And you don’t recoup by just selling a few dozen MP3s by obscure bands. Rupert Murdoch’s plans to transform MySpace into a cash-generating machine will surely shake up the industry and your bottom line.

However muddied the waters may seem now, one thing is certain – big changes lay ahead. For starters, the soon-to-launch MySpace Music Store, according to Rolling Stone Magazine, will allow "artists to set the price per track, with MySpace taking a forty-five-cent cut per download." Variable pricing brings up a number of interesting questions. How much money are fans willing to hand over for their favorite songs? Has iTunes permanently capped the value of a single MP3 at 99 cents? Should artists part with roughly half the profits of an MP3 sale or be willing to go even lower?"

FULL STORY @ Archived from MUSICIANSATLAS
http://www.musiciansatlas.com/newsletter/oct06/oct06.asp?lcArticle=../articles/myspace10_06.htm
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