MySpace, EMI Music, SONY BMG Music Entertainment, Universal Music Group, Warner Music Group, and Sony ATV/ Music Publishing unveiled the new MySpace Music product injecting the world’s richest online music community with a host of new features for both users and artists.

The new suite of products, which includes an ever-growing catalogue of premium audio and video content, e-commerce offerings, and user and artist playlists, aims to further enhance the MySpace Music experience as well as provide monetization opportunities for its active music community.

Beginning today, U.S. users can purchase DRM-free MP3 music downloads through MySpace Music’s new e-commerce solution powered by Amazon MP3. Now, adjacent to licensed songs within artist profile media players, user-created playlists, and certain music editorial pages, MySpace Music will feature buy buttons that will allow users to download and purchase MP3s playable on all digital music devices, including the iPod. Similarly, users can click on a Find Ringtones button, powered by Jamster, within music players to purchase ringtones of their favorite artists.

MySpace Music hosts more than 5 million major, indie, and unsigned artists within the site’s music profiles section, which provides for a vast artist-powered collection of songs, music videos, tour dates, blogs, and photos. MySpace’s deep, long-standing ties to the music community have allowed for numerous exclusive features from the most groundbreaking musicians in the world and the its new marketing initiatives will greatly enhance the existing MySpace Music offline concert franchises including Secret Shows, MySpaceLIVE!, Transmissions, Front to Back and The List.

Related posts:

1. AOL launches new version of Winamp
2. IODA partners with MySpace Music
3. Best Buy Digital Music Store joins Universal Music Group
to test sales of DRM-free music
4. Napster unveils latest digital music service
5. MySpace courting record labels for ad-supported music service