Apple’s iTunes is just not having a good day today with the announcement of Jay-Z’s venture with Live Nation (instead of iTunes).
Today MySpace confirmed that the rumor is indeed true and the launch of MySpace Music is in motion. Universal Music, Sony/BMG, Warner and EMI are on board and the site will now be a one stop for all things music including: music, tickets, ringtones and more. The new company will be headquarted in Los Angles. No start date at presstime.