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News Burst: Universal plans online music label

Universal Music Group Wednesday announced plans for an online record label and music community. The new label, Jimmy & Doug's Farm Club.

Universal Music Group Wednesday announced plans for an online record label and music community. The new label, Jimmy & Doug's Farm Club.com, will allow artists to submit music through the Net and will showcase the most popular new artists found through the site on a weekly cable television show on USA Networks.

The move could represent the first major-label competition to upstart Net music labels such as eMusic or Peoplesound.com.