News Corp. is reportedly talking to major record companies like Vivendi and Warner Music Group (nyse: WMG - news - people ) about launching an online music store through MySpace.

FORBES: Facebook Falters In Europe

Big music companies like Vivendi's Universal Music Group, Sony-BMG Music Entertainment, Warner Music Group (nyse: WMG - news - people ) and EMI Group are already experiencing a sharp decline in sales of compact discs.

FORBES: Last Gasp Of The Physical Formats

In late December, Amazon.com added Warner Music Group (nyse: WMG - news - people ) to the growing number of labels that sell music free of copy protections on Amazon's Amazon MP3 digital music store.

FORBES: Will Ditching DRM Ding Apple?

The Wasserman Media Group (WMG), the management company that represents him, sent out a brochure to a number of clubs reminding them of the talent that resulted in the striker scoring 158 goals in 297 games for Liverpool and 40 goals in 89 appearances for England.

BBC: Owen completes switch to Man Utd

Users won't be able to snag music from the best-known names in music, because none of the major music companies, like Vivendi Universal 's (nyse: V - news - people ) Universal Music Group or Warner Music Group (nyse: WMG - news - people ), are letting their stuff be used on the service.

FORBES: Take My Music, Please