MySpace Gobbles Up Imeem…Anyone Care?
It looks like all of the ad sponsored music sites are going kaput.
MySpace has reportedly acquired Imeem for a measly $8 million. Imeem will now join iLike in the purgatory of MySpace hell.
For now, Imeem will still be run independently of MySpace, but, word on the street is that it will soon by assimilated into MySpace Music. Another rumor is that MySpace may soon be charging for music services, so, is all this gobbling up of sites like Imeem and iLike a move into that direction?
So how did it come down to this for Imeem, a site that had over 4 million users?











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