A deal announced Tuesday between social networking Goliath MySpace and digital content manager Snocap will have a marginal impact on Internet music sales, according to some observers of the market. Under the deal, Los Angeles-based MySpace and San Francisco-based Snocap will make tools available to artists and record labels among its 100 million members who wish to sell unprotected music files from their online profile pages or create digital storefronts.
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Music Scene May Be Unchanged by MySpace Move
Posted by: John P. Mello Jr. September 6, 2006 08:29 AMA deal announced Tuesday between social networking Goliath MySpace and digital content manager Snocap will have a marginal impact on Internet music sales, according to some observers of the market. Under the deal, Los Angeles-based MySpace and San Francisco-based Snocap will make tools available to artists and record labels among its 100 million members who wish to sell unprotected music files from their online profile pages or create digital storefronts.