Los Angeles - Music Mogul announced on Monday the upcoming launch of its new online virtual world for aspiring music artists and their fans. The company was founded by former Massive Inc. president and Brash Entertainment co-founder Nicholas Longano, and Grammy-winning producer Rodney Jerkins. Music Mogul, which will allow fans to create and decorate virtual houses, and offer features like live karaoke, game arcades and in-world concerts, is slated to officially launch in the first quarter of 2009.