Moconews.net has a couple of posts worth reading. One covers an interview by paidContent's Rafat Ali of John Faith, the GM and VP of MySpace Mobile at the Mobile Entertainment Live conference. About MySpace Music Faith said:

It’s launching in the next few weeks. It’s a free ad-supported streaming service, which let’s everyone become their own DJ. In the music space, we want to provide one on mobile, too, and we are aggressively looking into it....You still have a tight control on the distribution and revenue around that. We’ll be working with them to make a compelling MySpace mobile component in the future.

The other post covers a Mobile Entertainment Live panel with Michael Nash, Warner Music Group's EVP of Digital Strategy and Business Development, and Paul Smith, head of major label relations for Nokia. Plenty of commentary on Nokia's Comes With Music service, platitudes offered by both Nash and Smith for the others' companies and a few tidbits about new models. Said Nash, "There’s a philosophical shift that will be required that will be focused on this kind of access model." Very true.