Feeds

MySpace recruits Imeem band member

Web 2.0 music titan mashup

Website security in corporate America

MySpace, the yesterday-man of social networking sites, has reportedly bought Imeem for an undisclosed sum.

Neither firm is commenting on the deal but it’s understood that News Corp-owned MySpace has stumped up around $8m for Imeem.

The acquisition of the ad-supported site represents MySpace’s latest move into overhauling its lagging site as a music property.

Imeem allows web junkies to create and share playlists of their favourite photos, songs, and videos. When the startup first emerged from the Web 2.0 swamp in 2006 following a revamp of its service, users were able to freely share almost any content.

In July 2007 all that changed in the wake of a lawsuit filed by Warner Music Group in May that year. Warner settled with Imeem after the firm agreed to tweak the terms of its service by cracking down on unauthorised streaming and inking a deal to share ad revenue with content owners.

It’s understood that Imeem will for the time being operate independently of MySpace, but some are speculating that the brand will eventually be munched up by MySpace Music. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Hey, Scots. Microsoft's Bing thinks you'll vote NO to independence
World's top Google-finding website calls it for the UK
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.