MySpace Music Goes Indie (Again)
MySpace announced Thursday it had licensed over one million tracks from IODA, a San Francisco-based digital distributor of independent music, in a bid to quiet a controversy over the new MySpace Music‘s lack of support for indie labels, according to Fortune.
“The independent music community has been a cornerstone of MySpace Music,” said Chris DeWolfe, co-founder and CEO of MySpace in a statement.
Last month, MySpace made the four major record labels its joint venture partners and gave them equity stakes in the new service, the report said—but it wouldn’t do the same for independent labels.
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