[aom3]

MySpace CEO Chris DeWolfe and Warner Music Group’s Edgar Bronfman take the stage with John Battelle at the Web 2.0 Summit this evening. The topic: The Future Of Music.

The time is ripe. MySpace has launched it’s new MySpace Music initiative; Facebook continues to explore its options.

Our live notes are below:

John Battelle starts things off by noting that MySpace Music continues to not have a CEO (they’ll announce it shortly). DeWolfe says they’ll make an announcement shortly - it isn’t coming this evening.

Continue reading: LiveBlogging MySpace’s Chris DeWolfe And Warner Music’s Edgar Bronfman At Web2.0: Music, Music, Music (And Money)

[gluteus maximus]

Courtney Holt, MTV's chief of digital music, has told friends he will accept the job as MySpace Music's new CEO, according to a source close to Holt.

His name is not yet on the dotted line, but Holt has given a verbal commitment to MySpace CEO Chris DeWolfe, said a music industry source. MySpace Music is the newly launched digital music service formed by News Corp. and the four largest recording companies. The service will sell downloads of unprotected Mp3s and offer ad-supported streaming music.

Read more here: http://news.cnet.com/8301-1023_3-10084840-93.html