MySpace finalizes acquisition of imeem, redirects all users to MySpace Music
Almost
a month ago, news broke that MySpace Music had reached the final stages
of its acquisition of imeem, a social media music service which allowed
users to share, stream, and upload music and and music videos. For just
under a million dollars in cash, MySpace Music acquired the assets,
brand name, and, most importantly, the user base of imeem.
Already,
trying to access imeem's Web site yields a redirect to a
MySpace Music
page welcoming previous imeem users to their new home.
Founded in 2003, imeem has built a global community 16-million strong.
Users enjoyed the ability to upload content to the ad-supported service
provided by imeem, which then provided the tools to embed the content
all across the Web.
MySpace Music will likely be moving quickly to transfer imeem users
favorite features to their new home, in order to retain that solid user
base.
Though MySpace Music is already aiding the migration by forwarding
users to the pages where they can find their favorite music,
user-created playlists on imeem have not yet been transferred. In a
blog post, MySpace CEO Owen Van Natta assures the iMeem community that
MySpace developers are working quickly to complete the transition.
Van Natta says that previous imeem executives
Dalton
Caldwell (CEO), Brian Berg (CTO), Ali Aydar (COO), and David Wade (VP
of Sales) have moved to the MySpace team to act as consultants during
the transition process.
We have not yet been told whether imeem executives will be sticking
around after the transition or what will happen to imeem's other
employees.