Can MySpace Save the Major Music Labels?

Record companies are counting on their new deal with MySpace Music to help make up for declining CD sales

In a small Atlantic Records Group studio in New York, rapper Clifford "T.I." Harris Jr. leans into a silver microphone. "It's the T.I.P. man, the king himself," he says. "Dig this." There's no music on this recording, though, no rhyming lyrics. The Atlanta artist simply talks in his Southern drawl, creating an audio clip that will be posted on his Web site and others across the online universe. The clip and more like it are designed to pull in fans—and generate revenues from advertising on the sites.

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