The two social media services announce a content-sharing partnership that has been in the works for over a year.

This afternoon,  Facebook and MySpace finally announced a partnership (or “mashup” in their words), that’s been rumored for over a year. The collaboration will include a connect with Facebook button on the MySpace homepage that will allow for a variety of customization options, and opportunities to share content with your Facebook friends, as well as the placement of “Like” buttons on MySpace pages so that music and entertainment preferences declared on one network will be shared back with the other.

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