ASSOCIATED PRESS — Nov 3 — The social networking Web site MySpace.com has launched its own record label in a joint venture with Interscope Records hoping to capitalize on its broad reach among music-savvy consumers. MySpace Records will feature independent and unsigned artists as well as compilations that include top groups from other labels. The first release will be a compilation of tracks which will feature songs from groups such as Weezer. "MySpace Records: Volume I" goes on sale Nov. 15 at major retail locations. MySpace is expanding its brand in other areas as well, including a satellite radio channel that will launch in the next six months. The company is also considering starting its own film imprint,
DeWolfe said.
Mark Brooks: There’s a lot you can do with 36 million eyeballs. How far can they stretch/extend the MySpace brand?