Sony Music available on MySpace

Online music and video markets are fast growing and evolving markets, as illustrated by today's news. News.Corps signed an agreement with Sony Music allowing MySpace website to freely use music and videos from Sony's catalog.
If Majors could collect substantial revenues with such agreements, it also does not help consumers or regulation authorities to identify to whom belong online music rights... without mentioning that Sony probably did not ask artists their agreement before signing.
It also illustrates how Majors are not willing to take care of the online distribution of their catalog, and try to adapt to the new rules by signing all type of agreements to try to maintain their margin instead of trying to define a new strategy for offering consumer a state-of-the-art online distribution offer. They know they will lose their strength on physical distributors, and do not intend to let online download services to define the rules, as Majors have been used to control the entire music business during years.