MocoSpace seems like a fitting home for MySpace, but the bargain basement price MocoSpace would likely pay - compared to the $327 million Newscorp paid for it just over five years ago - has got to sting.
MySpace's mobile offerings could use a big kick in the pants. The company's recent iPhone app, for example, doesn't allow users to listen to music - surely one of the most popular requests its users would have.
If MySpace became a mobile network for listening to the world's popular and independent musicians on demand, that could be great news for users. That could also be a whole lot of licensing negotiations for a startup like MocoSpace to bite off.
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