In reports, MySpace Music is supposedly looking for another big name player to help advertise their music label. Currently, McDonald’s, State Farm, Toyota, and Sony Pictures have partnered with the MySpace Music label for advertisers however, they want one more to sign on. Their music label wants to gain another partner that can contribute $100 million towards MySpace Music to have a total of around $2 billion in supporters. This has not been confirmed nor denied as a rumor yet.
I’d say personally with the four companies they have now they’re in good hands and can launch whatever they need to at this point in time, however they do not agree and need another $100 million for some reason? I’m sure there is perfectly good reason as to why they need that specific amount, therefore power to them!