MySpace Music launches with a bang

So for all those who have been waiting eagerly for the launch of Myspace Music, the great day is here with a bang! The collaboration between Myspace, one of the biggest internet networking giants, and all four of the largest recording companies is definitely something people have been waiting for, for long, and Apple definitely has some reason to worry.

MySpace executives said the EMI Group, which took much longer to join the venture than its three competitors, will make its entire music library available to the venture. MySpace has also partnered with Sony ATV, which partners with indie distributors like The Orchard, Alternative Distribution Alliance, Caroline, RED, and Fontana.

One of the key challenges that the venture faces however is that it does not provide any hardware support, unlike Apple, which has a full range of support services for music listeners. MySpace hasn’t attached itself to any popular music player, primarily because the iPod has such a huge market share. MySpace will sell songs, which will come from Amazon, in the MP3 format. This means they are not locked in digital rights management and will play on the iPod and most other devices. Now that is definitely a good thing. They are playing their cards right, what say.

The streaming music player of the venture definitely kicks ass, allowing a person to search for music from all four major labels, drag as many as 100 songs into a playlist area and then listen to complete songs without paying a dime.

MySpace now has more than 120 million users worldwide, according to ComScore.