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MySpace to Acquire iMeem– All Your Streaming Are Belong To Us?

Mike Arrington writes that MySpace is in the final stages of acquiring music streaming site iMeem, and has some choice thoughts on the subject–

We don’t know the price of the acquisition, but this isn’t going to be a big win for investors. iMeem has raised at least $25 million (that we’ve been able [...]

November 17th, 2009 | Tags: , , | Category: content, social media | Leave a comment

iLike (To Be Bought By MySpace)

MySpace is in talks to acquire music app producer iLike for $20 million, according to PaidContent. This would be the latest in a long history of acquisitions that began shortly after the christening of Fox Interactive Media, and will likely follow the time-worn pattern of FIM acquisitions:

Buy.
Neglect.
Rinse & repeat.

Actually, the interesting thing here [...]

August 17th, 2009 | Tags: , , | Category: apps, social media | Leave a comment