Los Angeles - Concert promoter and venue owner Live Nation (NYSE: LYV) will soon begin selling MP3s from artists on three major labels on its own dedicated Web pages for the artists, Digital Music News reported.

Palo Alto, Calif. - Hoping to capitalize on the success of rival MySpace, where a reported 7 million musical acts have set up shop, online social network Facebook on Thursday introduced a new music section, that allows bands to create profiles and post their songs, photos and music videos. Some 80 artists have already set up profiles, including Alicia Keys, Bruce Springsteen, Coldplay, Justin Timberlake and the Decemberists.

Charlottesville, Va. - Musictoday, a unit of Live Nation (NYSE: LYV), on Thursday announced the launch of a Web store application for the Facebook social network, that lets artists with Facebook Pages sell merchandise directly to fans. Artists must first set up an account with Musictoday, which enables stores, Web ticketing, and other services for clients including the Rolling Stones, Eminem, Dave Matthews Band and Nine Inch Nails.

Los Angeles - Musictoday, an online music distributor majority-owned by concert promotion giant Live Nation, announced on Wednesday that the band Gov't Mule, fronted by Warren Haynes of The Allman Brothers Band, has now sold over one million downloads of its live recordings on the service. Musictoday lets artists create their own online stores, and sell MP3 or FLAC format tracks, as well as other items, directly to their fans.