MySpace and Sony BMG have entered into a revenue-sharing agreement where the money made off ads on artists’ pages will be split between the two companies, a groundbreaking arrangement that will no doubt result in MySpace artist pages being even more laden with buggy Flash video that crashes Firefox over and over and over again even though all you’re trying to do is look up a freaking tour date. I mean, um, in the short term it should at least squeeze at least a few more dollars into the music industry’s pockets, provided that the bottom doesn’t fall out of the Internet ad game. [Reuters]
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