Myspace Music Shuns Indie Labels: Although Myspace Music has yet to launch, the indie labels are starting to cry. Myspace Music which is backed by the three biggest major music labels will offer downloads, ringtones, and concert tickets. Some say it will be the MTV of the internet. Indie labels are claiming that they are being shunned by the new myspace music venture. As of today, no indie music label has struck a deal with myspace and they’ve been blocked from uploading their music.

New Stream: Chicago band Rise Against seemed to escape the famine that has wiped the punk bands off the map. The band posted 2 tracks titled ‘Collapse‘ and ‘Re-Education Through The Labor‘ on their myspace that will come off the new CD ‘Appeal To Reason’.

Pink’s new single ‘So What’ flew to number 1 on the iTunes pop charts. It also shot straight to number 1 on the official Australian iTunes single downloads chart. Her new record titled ‘Funhouse’ will be released October 28th.

In an effort to revive CD sales major music labels and Scandisk will experiment with a new format for the upcoming releases by Rihanna, Ne-Yo, Robin Thicke, New Kids on the Block, Weezer, Usher, Chris Brown, Akon and Leona Lewis. The new format called ‘SlotMusic’ will contain an album, plus extras, on a compact memory card that can be played on mobile phones, PCs and some portable MP3 players. Does this marketing strategy ad value to the listening experience?