October 7, 2008...10:56 am

MAJOR HEAVYWEIGHTS

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The big news this week is the collaboration of some of the music industries major heavyweights, EMI, Universal, Sony, Warner with MYSPACE.

The outcome is an offering of free streaming music from the heavyweight’s full catalogue of music, as well as the opportunity for unsigned bands to make their music available too.

The service means that it is possible to watch/listen to free music and if one is a member of MYSPACE, it is possible to create online playlists for free too.

Now, if one wants to purchase the music, it is possible to pay around 79p to download.  Finally iTunes may have a bit of competition.

The only caveat with the above collaboration is that the US has the pleasure of using the ground breaking development.  Other countries are currently in contract negotiations, as there is different rules/legislation to overcome….it is still possible to stream the music though, you just do not have the opportunity to create playlists.

So, if this is what is happening in the music world, is there something similar going on in the film world?  What are the comparisons?

 

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