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 ...
Register for a Music Week trial to access this article.
Sign up for your digital free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music.Start your free trial