If MySpace and Apple’s acquisition habits are any indication, tunesBag probably has a decent chance of getting acquired if they play their cards right.

The thing that has to jump out at you is the implications for social commerce. TechCrunch’s Robin Wauters also alludes to the upside.

There’s also a social layer wrapped around the music streaming and backup service, which makes it easy for users to share individual songs and playlists with others by e-mail or via social networks, as well as rate and recommend them publicly."

As Wauters showed with his upload, even though the song he tried to share wasn’t loaded to the cloud, there was another digital asset waiting to be monetized – a Depeche Mode video. I think there’s enough momentum in the video space alone to garner some attention for tunesBag. Hell, cutting a deal with YouTube might fund them alone. Either way, I like the innovation happening with music.

I received this message from Richard Aschcroft’s agency yesterday. Apparently he’s donating the proceeds from the soundtrack he created for Richard Jobson’s "The Journey" (a short film to raise awareness for ignored womem) to help the Helen Bamber foundation. You can read about the project at the Guardian. 
via

richardashcroft.co.uk

Posted via web from George Dearing dot com

This deal,coupled with a redesigned MySpace Music homepage, seems to signal the social network’s heavy focus on entertainment is taking shape. If MySpace can continue to unify its properties and improve brand recognition (what it is), the social network land grab gets a heck of a lot more interesting.