MySpace to challenge iTunes

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.â€?