MySpace.com Launches Record Label
An AP newswire article by Gary Gentile, via Yahoo! News, reports that:
The social networking Web site MySpace.com has launched its own record label in a joint venture with Interscope Records hoping to capitalize on its broad reach among music-savvy consumers.
MySpace Records will feature independent and unsigned artists as well as compilations that include top groups from other labels, the company said Thursday.
The label's first release will be a compilation of tracks that have become popular among the sites 36 million registered users and will feature songs from groups such as Weezer.