"We'd rather have 10 healthy revenue streams than one big revenue stream prone to disruption. MySpace's objective will be to find "half a dozen new revenue streams" that will help recording labels move away from just selling song downloads and CDs, said Rio Caraeff, executive vice president of Universal Music Group's digital strategy unit. Please make sure the music player activates and that its settings are the way you want them. Halfway through the mid-page, you will notice a section called music players. Even with sales of song downloads on the rise, the music industry is not recouping the revenue lost from falling sales of compact discs. Click on Edit Profile, then Account Settings, and then Miscellaneous. Through these efforts, MySpace's vaunted music-promoting power could help patch the leaks that have sprung up in the recording business. Music-oriented social networking site, Myspace, was acquired by Rupert Murdochs News Corp in 2005 in a deal valued at 580 million, one of the biggest. Next, Holt plans to make MySpace into a seller of concert tickets and band merchandise, while better targeting songs, ring tones, artists and ads at the people who will probably be interested in them. The setup gives MySpace and the music industry a share of song-download sales from Amazon, and it could bring new revenue from ads. It became a place for users to build a personal community and house personal profiles, blogs, groups, photos, music, and videos. And the songs now carry links that let people buy downloads of the tracks from Inc. MySpace focused on sound infrastructure and scalability. MySpace Music overhauled its dedicated home page, which promotes album releases and tours and corrals 5 million blinking artist profiles into genres.
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