MySpace Music Announcement Today

MySpace will be formally announcing its music joint venture with the big music labels today, via a conference call scheduled for 11am est. What we’re hoping to hear about (but dubious about our odds):

  • Amount of cash and equity given out to participating labels (Universal Music, WMG, Sony-BMG)
  • Revenue splits for participating labels
  • Assumptions about ad revenue potential for the music site
  • Rationale for spinning music business out of MySpace

Anything we’re missing, or you want to hear about? Let us know: We may even lob in a question on your behalf. pkafka AT alleyinsider DOT com or use our anonymous tip box.

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