At Boston, Massachusetts: as of 5:54 PM
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[24 sec ago ]
(NECN/ABC) - Standing side by side inside the oval office five men who have been elected by the people to serve as president of the United States - former presidents Jimmy Carter, Bill Clinton, George H.W. Bush, President George W. Bush and...
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[45 min ago ]
(Alison King, NECN: Boston, MA) - Despite the ethics questions hanging over his head, Sal DiMasi will remain the Massachusetts House Speaker. DiMasi easily won re-election today by his legislative colleagues. The Boston Democrat received the required...
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[1 hour ago ]
(Brad Puffer, NECN: New Bedford, MA) - A criminal with a long rap sheet is behind bars, accused of killing his ex-girlfriend and his own mother. 35-year-old Gary Gomes now stands charged with two counts of murder and one count of kidnapping. Tuesday...
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Breaking News          [ 1 hour ago ]
Citgo keeps heating oil program for poor
BOSTON (AP) - Citgo, the Venezuelan government's Texas-based oil subsidiary, has changed course and will......read more
 
February 21, 2008
Myspace mulls music site

LOS ANGELES (AP) - It's already become a place for people to exchange photos, news and gossip. Now MySpace is thinking about launching an online music service.

Its parent company, News Corporation, has stepped to the four major record labels to talk about the possibility of setting up a music service through the social networking site. The goal is to set up a site that can offer content in a variety of ways, including free digital streams, MP3 downloads and a subscription plan.

News Corporation. is proposing that the service be launched as a joint venture with the major recording labels, which would receive an equity stake in the new company.

With sales of CDs in a downward spiral, record companies have licensed their content for sale as unprotected MP3s and for free streaming on ad-supported sites as a way of generating revenue.

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