Rupert Murdoch said in July he wanted to reshape MySpace into an entertainment hub, and sources say the site now plans to launch a new video service sometime in the next several months with the help of sister site Hulu, CNET News has learned.
The big question is whether MySpace's service will offer downloads or a subscription service.
Interesting thought, though any subscription requirement might really cut into their traffic. When Murdoch bought MySpace, he bought eyeballs. Sacrificing large numbers of those eyeballs might be tough.