News coming from almost every blog that myspace will soon be bands the ability to sell their music on their myspace page. The music can be previewed, purchased, and downloaded through a flash app that gets added to your myspace.

The app was developed by a startup called Snocap which was co-founded by Shawn Fanning of Napster fame. Snocap first showed off their flash app over a month ago on the myspace of The Format. I don’t know how they became the first trial customer but it was certainly a fantastic choice. The band’s latest release, Dog Problems, is a fantastic album and will probably hit my top5 of 2006.

I actually gave the service a try when it launched. You first sign up for an account with Snocap which can be done through the flash application. Then you have to tie a PayPal account to your Snocap account. Paypal is currently the only payment method but Snocap’s site mentioned that other options will be coming soon. This makes the signup process a bit longer as you get directed to Paypal’s site to allow Snocap to automatically charge you for purchases. Though the extra step is annoying, I didn’t really mind it because it means one less company has my credit card information. Once you’ve done this you just choose the songs you want to purchase, click purchase, and you’re done. The songs are available for download immediately. Now here’s the really great parts of the service…

  • Each song is just 79 cents
  • Songs are DRM free! They’re just plain old MP3s. Put them on your iPod, play them in whatever player you prefer, and never worry about licenses
  • The bitrate of the songs are 192kbps. iTunes, for example, is 128kbps
  • You can download the song an unlimited amount of times so you don’t have to worry about deleting it. Every time you login to your snocap account it lists every song you’ve purchased and makes it available for download

I only noticed a couple drawbacks. First, it’s only available to US residents. Luckily I live in states but being Canadian you notice these things. Second, there’s no discount for purchasing the whole album. This isn’t a huge concern when each song only costs 79 cents.

None the less, this is such a great service. As someone who actively tries to find new music I come across a lot of small bands and 90% of them offer downloads through their myspace. Amazingly, a lot of these bands are so small that I can’t even find their stuff on p2p or torrent networks. But being presented with the option to immediately download an EP for the price of a latte and never have to worry about DRM is such a compeling offering. If I was Apple I wouldn’t be too worried, I can’t imagine there’s a single major label that will have the foresight to use Snocap. Not that I care, I just looked at the last 40 albums I played and only 2 were on major labels (and one of them is only because The Decemberists just signed with Capitol Records!).

The Financial Times is reporting that artists “will be able to set their own price, MySpace will establish a minimum figure to cover the costs of running the service, with any money above that divided between the site and the artists.” It will be interesting to see what the minimum figure and percentage split will be.