Look out Apple, there could be a company in town with a player to kill the iPod. In all seriousness, MySpace might enter the MP3 player department, a place where Apple’s iPod has dominated for quite a while now.
At the Web 2.0 Summit meeting on Thursday, MySpace co-founder and Chief Executive, Chris DeWolfe, shed some light on the fact that MySpace could develop a music player, but nothing is set in stone.
MySpace has used music a lot to make their site bigger and bigger. Many small (and large) bands use MySpace as a way to share their music. They even launched a new service, called MySpace Music, which works with popular music labels including Sony BMG Music, Universal Music Group, and Warner Music Group.
With this agreement, MySpace is able to offer more services such as music streaming, music and ringtone downloads, ticket purchases, video streaming, and other music merchandise. Since they already offer so much music related content, it would kind of make sense for MySpace to pursue the portable music player industry. However, DeWolfe also added that, “Right now, we’re just focusing on the service.”
An interesting point that DeWolfe adds is:
“If anything, we’ll be accretive to iPod sales as people use MySpace Music to download more music and videos for their iPods. Unless we develop a device.”
If they truly believe all their content being downloaded are making people buy iPods more, then maybe they would develop a player so people who download their music buy their player as well. Now, I can’t say I agree with MySpace making a player because their primary niche is the social networking industry and MySpace Music. For them to create an actual player, it sounds just as crazy as Apple making a social networking site.
Read [Reuters]
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