MySpace to expand to mobile music
{{date|September 12, 2006}}

[[w:News Corp.|News Corp.]] has purchased a controlling interest in [[w:Jamba|Jamba]], the [[w:ringtone|ringtone]] company created by [[w:VeriSign|VeriSign]]. The $188 million give News Corp. a 51% interest in the public-owned company.

Jamba, and its American brand Jamster, will be merged into News Corp.'s Mobizzo. Mobizzo sells short video clips of television series. It is expected MySpace will integrate the ringtone sales somehow into News Corp.'s social networking website [[w:MySpace|MySpace]]; MySpace recently announced it would sell music on its website.

News Corp President and CEO Peter Chernin commented to ''Reuters'' that "wireless technology gives us an enormous opportunity to reach billions of mobile phone users with our content".

The announcement was made this morning by News Corporation, which owns MySpace.

== Related news ==

*{{wikinews|title=MySpace to take on iTunes|date=September 7, 2006}}

== Sources ==

*{{source|url=http://www.washingtonpost.com/wp-dyn/content/article/2006/09/12/AR2006091200331.html
|title=News Corp to buy ringtone firm Jamba
|author=Jeffrey Goldfarb and Georgina Prodhan (Reuters)
|pub=Washington Post
|date=September 12, 2006}}

*{{source|url=http://www.fool.com/News/mft/2006/mft06091202.htm
|title=MySpace Rings Up Another One
|author=Rick Aristotle Munarriz
|pub=The Motley Fool
|date=September 12, 2006}}

{{publish}}
{{Archive-unreviewed}}

[[Category:Internet]] [[Category:MySpace]]
[[Category:Economy and business]]
[[Category:California]]
[[Category:United States]]
[[Category:North America]]
News Corp. has purchased a controlling interest in Jamba, the ringtone company created by VeriSign. The $188 million give News Corp. a 51% interest in the public-owned company.

Jamba, and its American brand Jamster, will be merged into News Corp.'s Mobizzo. Mobizzo sells short video clips of television series. It is expected MySpace will integrate the ringtone sales somehow into News Corp.'s social networking website MySpace; MySpace recently announced it would sell music on its website.

News Corp President and CEO Peter Chernin commented to Reuters that "wireless technology gives us an enormous opportunity to reach billions of mobile phone users with our content".

The announcement was made this morning by News Corporation, which owns MySpace.

*
Internet MySpace Economy and business California United States North America