I remember not so long ago when Imeem decided it was a social network enhanced by music rather than the reverse, I assume because the social features had a better chance of being profitable.
I remember not so long ago when Myspace’s edge as a music provider was that it didn’t pay royalties, so had a chance of surviving. The sense I get now is that Rupert and Fox are culturally from the media business, they were unable to run Myspace as a tech company, and now they’re retreating to familiar ground out of habit.
I dunno, man. The whole internet music industry is fishy, and this particular fish makes even less sense than the norm.