Of course, a deal means both parties contribute something to the pot. While TuneCore is offering discounts, MySpace Music is providing MyAds credits to artists so they can market and promote themselves on MySpace as well as through additional marketing, promotion and other services offered by TuneCore.

Eventually, MySpace Music artists will be able to log in to their TuneCore accounts using their MySpace I.D.s

TuneCore, founded in 2005, offers unsigned artists a one-stop environment for music distribution. For a flat fee, TuneCore distributes its artists’ music to online services such as iTunes, Rhapsody, Napster and eMusic.

During the past five years TuneCore has built one of the highest revenue-generating music catalogs on the planet. In 2009 music fans purchased more than 61 million songs distributed through TuneCore, earning artists more than $30 million.

For more information, click here for TuneCore and here for MySpace Music