New MP3.com Is Live: Another Place To Give Your Music Away For Free

Confirming weeks of rumors,CBS has relaunched MP3.com.  Free music is at the center of the new site along with music and music tech content drawn primarily from CBS owned properties Last.fm and CNet.  While the new MP3.com is focused primarily on free downloads and streams of indie music, free tracks from Britney Spears, My Morning Jacket and a few other major artists are also available for a limited time.

It's not clear that the offering is unique enough to draw traffic despite the iconic url. But with most systems and content drawn from existing CBS properties, the profitability bar should be fairly low.

Independent artists hoping to be featured on MP3.com must do so via the Last.fm Music Manager and accept those terms and conditions. Artists can also create a profile page featured on both sites.

"MP3.com has been a cornerstone of the online music movement since the early days of the Internet," said David Goodman, the President of CBS Interactive's Music Group. "The time is right to build on that history with this robust content offering.  In so doing, we are confident we can continue to invigorate our long-standing relationship with the music industry in a mutually beneficial way.  We look forward to the many contributions MP3.com will make in that regard, and to bringing the full resources of CBS Interactive Music Group to bear in order to make a compelling product for music fans."