MySpace CEO: no own-brand MP3 player just yet

MySpace may launch a branded MP3 player in the future, the social networking website’s co-founder has revealed. But not right now.

Chief Executive Chris DeWolfe made numerous references to the development of a device for listening to music, Reuters reports.

MySpace launched a music service – called MySpace Music – back in September. DeWolfe said: “If anything, we'll be accretive to iPod sales,” because people will use MySpace Music to download music and videos to iPods, “unless we develop a device,” he said.

But the company seems willing to wait, nonetheless. DeWolfe said that MySpace doesn’t have any immediate plans to make or sell such a device.