Updated

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. (YHOO) and Apple Computer Inc.'s (AAPL) 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.

Two free episodes of the show will also be available, sponsored by Burger King Holdings, according to the Journal.

In recent months, TV networks have rushed to make their shows available for sale on iTunes for $1.99, including News Corp. (NWS)-owned Fox, which sealed a deal to sell shows on the service last week.

A spokesman for News Corp. could not be reached for comment.

FOXNews.com is owned and operated by News Corporation, which also owns and operates MySpace.com.