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Mon, 10 Nov 2008 MySpace rival to iPod "possible"

Social networking website could launch portable music player

Macworld staff

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Social networking website, MySpace, has said it would consider producing an iPod-challenging MP3 player for users to listen to tracks they have downloaded.

When questioned at the Web 2.0 conference in San Francisco last week, CEO Chris DeWolfe, one of the founders of MySpace, said such a device could be "possible," but he added: "Right now, we're just focusing on the service,” according to Reuters report about MySpace's plans to produce an MP3 player.

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DeWolfe also said that, for now, MySpace, is helping to drive iTunes sales. "If anything, we'll be accretive to iPod sales, unless we develop a device."

Currently MySpace and major music labels, including Sony BMG Music, Universal Music Group and Warner Music Group allow users to access a range of new music services, including streaming, music and ringtone downloads, videos, ticketing and merchandising.

Warner Music Group Chief Executive Edgar Bronfman has said that MySpace is different from iTunes because it focused on "community and sharing" rather than simply selling music.

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