News Corp and Major Labels To Launch a New Download Site

In a never-ending search for a solution to make up for dwindling
record sales, News Corp and major labels are planning on launching a new ad-supported, DRM-free MP3 site, which will see News Corp-owned MySpace partnering with EMI, Sony BMG, Universal Music Group, and Warner Music Group to provide music and content to the site. Currently no other labels are signed up to be on the new MP3 service, but PaidContent says that could change soon.

Boring, right? Leave it to Shaq to spice up a news story:

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