MySpace’s long-awaited music-distribution venture with the major labels will have a few components, according to the Wall Street Journal: Users will be able to stream music, pay for MP3s, and download select songs for free, although apparently they’ll have to listen to any gratis songs on the computers where they snagged the tunes and nowhere else. According to the WSJ the venture is an attempt to make MySpace seem like “more of a media company than a social-networking site,” possibly because MySpace’s reputation for “social networking” at this point is nearly synonymous with people e-mailing their friends apologizing because their profiles were stolen out from under them for the purposes of distributing bogus Macy’s gift cards and porn URLs. [WSJ]