Space facts note

MySpace to Partner With Snocap In a Possible Online-Music Push

MySpace since late July has been testing a service from Snocap Inc., formed by the founder of Napster, that allows visitors to MySpace to buy songs for 79 cents each.
A social-networking site, MySpace has in the past year become one of the most visited destinations on the Web, with more than 100 million registered users. Many of its users are music fans who have long used the site to connect with bands and musicians. That audience could make MySpace a potent challenger to Apple’s iTunes Music Store.

On MySpace, Millions of Users Make ‘Friends’ With Ads

MySpace is trying to limit the paid profiles to products that will appeal to the site’s users, Mr. Barrett says. Although the site is set to reach 100 million profiles this week, the rapid growth of MySpace is slowing. Eighty percent of the users say they are over age 18 and baby boomers are discovering the site. “You start to have a lot of moms on board,” says Mr. Barrett.

(WSJ Excerpt)