Both Silicon Alley Insider and paidContent have details from today's MySpace conference call that announced MySpace Music. Take your pick.

Here's what we know: The site will take shape over the next few (three to four) months; will add community features from recommendation engine; MySpace is hiring executive management and wants to make this a standalone company; will feature a mobile service with Jamba; will offer tickets and merchandise; will sell ringtones.

What we don't know: Track pricing; equity stakes of the three majors involved; revenue sharing details;

The two posts have a slight inconsistency regarding DRM. Alley Insider has the following to say about DRM, which paraphrases the call: "Everything DRM free on site? Don't know. But think that's the direction we're going." paidContent has this: "Downloads will be DRM-free."

[music jobs] Brand and Online Marketing Manager at The Ascot Club/Am Only; Brooklyn, NY.