MTV, the leading music television broadcaster, is considering a move into the fast-ex
Tom Freston, chairman and chief executive of MTV Networks, said the company was studying the move "very carefully", although no final decision has been taken.

MTV's move would mark a significant endorsement of online music at a time when the world's largest entertainment companies are fighting increasingly bitter battles against illegal file-sharing services. Although Apple has seized the initiative with its iTunes music store, other large groups such as Microsoft and Sony are scrambling to catch up.

Apple reported last month that 10m songs had been downloaded from its music service, currently only available to Apple Mac users in North America. But Mr Freston said that while sales had taken off, he expected further growth in the market.

For more check it out here.