According to a piece in the New York Times today, MySpace is launching a service called Transmissions, which is aimed at bands and artists who want to use the social network to enlarge their fan base. The site says that it is offering them the opportunity to name a studio of their choice and then record whatever they want — at which point MySpace will stream the content and give users the opportunity to buy copies of the song or the video or both. The company said it sees the feature as being like MTV Live, but with more real-time delivery.
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