ASSOCIATED PRESS -- Nov 3 -- The social networking Web site MySpace.comhas 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. FULL ARTICLE @ YAHOO

Mark Brooks: There's a lot you can do with 36 million eyeballs. How far can they stretch/extend the MySpace brand?