Very interesting ( MySpace has to Facebook the Music ) about MySpace's current issues, namely Facebook. MySpace has the strengths of Music and the musicians behind it, which frankly it has dis'ed for a while now. The close door relationships with the labels may not be the most healthy thing for them. Many music startups who really want to survive in this new era of music related business are folding to their demands.
The article is a good hint for MySpace to address the important issues, seems like many outside know about it. What would be nice is to defy the pressure from the labels and create a new startup that actually address the musicians and help them increase the reach for their offerings. Great musicians and bands out their who don't like the labels but have to sell their soles to them.
Interesting idea, eh!