Is MySpace dreaming of a music device?
- Step right up and take your best shot. Think you’ve got a digital music player that can compete with Apple’s iPod? Bring it. Go ahead. Others have. Look what happened to them.
Think Microsoft’s Zune or Sandisk’s Sansa.
But one of these days somebody, somewhere is going to come up with a device that trumps the iPod. It’s only a matter of time. The question is, who will that be?
Well, one contender might just be News Corp. Its MySpace could eventually be interested in developing a player to go along with the big music venture it recently launched, it seems.
“It’s possible,” MySpace co-founder and Chief Executive Chris DeWolfe said at a conference in San Francisco when asked if the company would ever develop a player, Reuters reports. He added, however, that there are no immediate plans to make or sell such a device.
The advantage MySpace might have over others that have tried is its MySpace Music site. Launched in September with major music labels such as Sony BMG Music, Universal Music Group and Warner Music Group, the site lets users access a range of new music services, including streaming, music and ringtone downloads, videos, ticketing and merchandising.
If successful, MySpace Music could be a perfect launching pad for a digital device. Think of how iTunes and the iPod currently go hand in hand.
What’s more, News Corp’s Rupert Murdoch is always looking for a new mountain to climb — just ask the Bancroft family.
Keep an eye on:
- Several big advertising agencies have been reducing staff this year — and now the layoffs are coming even more quickly (NY Times)
- Time and Newsweek say the special election issues are selling out at newstands in major metropolitan markets (NY Post)
- Regal Entertainment Group, the largest operator of movie theaters, has seen its stock cut in half over the last year, and it could have further to fall (MarketWatch.com)
- HBO has closed a seven-figure deal for U.S. rights to an untitled Barack Obama documentary. (Hollywood Reporter)