MySpace to challenge Spotify with mobile subscription service for 2013

Tom Pakinkis

A MySpace mobile subscription service will launch in Q2 of 2013 with an e-commerce solution for music downloads, ticketing and merchandise planned for the second half of next year.

That’s according to a leaked investor presentation acquired by Business Insider, which also places the relaunched social music platform in direct competition with Spotify and Pandora in the near future.

The Interactive Media Holdings/Specific Media presentation says the MySpace owner intends to raise $50m of new capital, $10m of which will ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start free Trial

Register for a Music Week trial to access this article. Sign up today and you will receive:

  • 4 weeks access to news, features and chart analysis
  • 4 Digital issues of Music Week
  • The Music Week app
  • Tailored email news alerts
Start your free trial

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...