MySpace Shoots for $1 Billion This Year as they Ponder Music Structure

MySpace may not spin off their Music product into it’s own entity as initially expected, according to Staci Kramer. Why have they decided not to take the joint-venture route as Hulu has done? It’s pretty simple: they see no point. The biggest challenge is trying to separate MySpace Music from MySpace the social network especially since it has been so tightly integrated since early on.

One source at MySpace told PaidContent, “We’re pretty happy with the way things have been working to get us to this launch; the idea we have to do things completely separately doesn’t seem to be as relevant.”

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