Tommy Boy Records Slam MySpace Music

The new MySpace Music venture which launched in the U.S. last week, has come under more criticism - this time from Tommy Boy Records.

Tom Silverman - who is head of the label - says: "MySpace has been floundering lately already, and people have been moving toward Facebook and so on."

"This is going to accelerate that exodus." Silverman tells the Los Angeles Times.

His comments are similar to opinions expressed by other labels, who have criticised MySpace Music because it has not signed a deal to promote independent labels.