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MySpace has partnered with Toyota to launch a music competition for unsigned bands or solo artists to submit an original song for the chance to land a recording contract with MySpace Records.

The competition called "Rock the Space" runs today through July 1. Those interested in entering can visit Toyota's MySpace Music profile for submission details and contest rules.

To enter the Rock the Space competition artists are required to submit an original MP3 demo. Contestants will be able to create a viral music widget with an embed code to share their music on MySpace and the web. MySpace users can participate by adding the music widgets to their profiles and commenting on the Toyota Music profile.

In July, MySpace Records will select five finalists who will be featured on the Toyota Music profile and MySpace members will vote to choose the winner. The five finalists will receive a media allocation to promote themselves with My Ads advertising on MySpace.

The Rock the Space winner will be announced in September and will receive a recording contract as well as a $10,000 musical instrument prize package provided by Fender. The winner's song will be available for download on the MySpace Music Homepage. The four runners-up will receive a MySpace Records Development Deal friends package.