We swear we are not making this up:

News Corp.’s MySpace.com will begin selling episodes of Fox’s “24” next week as part of a plan to turn the popular teen Web site into a business rivaling Yahoo Inc. and Apple Computer Inc.’s iTunes, according to the Wall Street Journal.

MySpace, one of the fastest growing Web properties, will begin selling episodes of the show “24” for $1.99 per episode from seasons one and five, the report said.

While we are more than happy to see everyone and their grandpa get in on the IPTV bandwagon, it is a little disappointing that no one is competing on price or features. Folks, do we have to wait for Wal Mart to step in and offer TV downloads for $1.79?

Feel free to send us your guesses for who will start selling TV downloads next.