MySpace goes on its survival in the niche with launching a website for Britons

 On Thursday MySpace is launching a new website to expand its presence in the entertainment industry. The company announced the introduction of its music service for the British users.

Earlier the social networking company that is struggling to catch up with Facebook launched MySpace Music in the United States. MySpace wants to combine music content in the form of songs, videos, artist profiles, playlists and charts with social networking allowing fans to share their discoveries online.

Users may have a free access to the site while the revenues are expected to come from advertising and through taking a share of sales of concert tickets and merchandise.

The website is a joint venture with the four major record companies -- Vivendi's Universal Music Group, Sony Music, Warner Music Group and EMI Music -- and features catalogues from independent labels and unsigned bands.