MySpace to challenge iTunes

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Mashable is reporting that MySpace will soon be selling music downloads from the 3 million unsigned bands that have set-up shop on the hugely popular social network – a move that further enhances the disruptive nature of MySpace on the music industry.

Curiously, MySpace co-founder Chris DeWolfe is quoted as telling Reuters:

“Everyone we’ve spoken to definitely wants an alternative to iTunes and the iPod. MySpace could be that alternative.�

An alternative to iTunes it may be, but as the songs sold on MySpace will be good old-fashioned (and DRM-free) MP3s, they will work just fine on the iPod – which is of course where Apple makes most of its money anyway.

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