MySpace to compete against iTunes in music downloads

MySpace may be the biggest social network in America, but it isn’t big in the music downloading industry. Reuters recently pointed out that they may soon be releasing a music download service of their own. Reuters does not know for sure, but it is speculating that it may be a white box version of Amazon ‘s DRM-Free UnBox music service.

They may be launching a version on the web for streaming and a version for downloading music. Reuters pointed out that it is expected to offer the the service for free, meaning the music would be free. All free things come with a catch, and you may have to put up with ads in your music or some other form of advertising. I doubt that MySpace will succeed with this, as I still can’t figure out why they were popular to begin with.

Via [Reuters]