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Monday, September 15, 2008

MySpace Music to start with major ad sponsors


News Corp's MySpace, the world's largest social networking site, said on Sunday its long-expected MySpace Music joint venture with three major music labels will launch with four major sponsors underwriting the costs of streaming free music to millions of MySpace users.
MySpace said McDonald's, Sony Pictures, Toyota and State Farm will power access to be to a range of new music services by sponsoring a mix of free downloads, song playlists, and personal music players.

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