Amazon Beats Apple, Rhapsody for MySpace Music?

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rockingout2.jpgADOTAS – It looks like Amazon has won a bidding war with Apple and Rhapsody to power MySpace Music’s ecommerce transactions. According to a report on TechCrunch, the deal hasn’t been set in stone, but it’s most likely good to go. MySpace Music is set to launch in September.

MySpace Music will offer music from Sony BMG, Universal Music Group and Warner Music Group, will be reportedly be funded with $120 million from MySpace.

The site’s plans to make bank with downloads, ring tones, music paraphernalia and of course – branded ad campaigns.

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