MySpace makes peace with Indies

Merlin deal at last MySpace Music has settled with one of its fiercest critics, Merlin, settling a 14-month standoff. MySpace – the social networking sensation of 2005 – launched a music portal in September last year, but only with the four major labels. Since MySpace had built its reputation on new independent bands, you can see why the snub hurt.…

Tags: cloud, four-major, labels, music, networking, new-independent, portal, reputation, result, sensation, snub, space-music, standoff, the-cloud, the-snub