MySpace, Music Industry, To Launch Big New Music Service

“It’s a service that marries the largest music community with the most comprehensive catalog of music online. Users can discover and consume virtually any piece of music for free on the internet, or if they want to make it portable they can buy it…. Modern music is all about letting users define their experience. And now, with this new model, we’re letting them do that and the music industry is able to make money at the same time.”