Social networking site MySpace has managed to seduce the owner imeem music streaming site worth $ 1 million. This step is one strategy of increasing the number of MySpace users.

In a blog posting on MySpace, MySpace CEO Owen Van Natta said the deal would allow imeem to integrate music services on the MySpace site.

According to Van Natta, one of the shortcomings have MySpace is not the music streaming technology on mobile phones. With the merger imeem, these deficiencies have tertambal. imeem can strengthen streaming music application on the phone, either on the iPhone, and Google's Android-based phone.

"Within the next few weeks, we will seek an integrated imeem music on MySpace. It is expected that 16 million mobile phone users on imeem will move to a MySpace music," said Van Natta.

MySpace price for this purchase is approximately $ 1 million. This amount is at once an indication of how difficult it is free music business in cyberspace.

In May, Warner Music has pulled its investment in imeem is worth USD16 million. In fact, they are also released $ 4 million worth of royalties should be paid imeem.

Warner, EMI, Universal Music, and Sony Music are a number of music labels that participate in venture koint on MySpace.

READ MORE - Official MySpace Buy imeem USD1 Million

Having previously been reported to reach peace with eBay over copyright JoltID VoIP technology which has been strengthened Skype, Skype now finally from eBay sales to the new owner announced completed. What is the price paid to buy Skype from eBay? 2.75 Billion Dollar.

Through the announcement written by Josh Silverman, CEO of Skype, there are 4 points of the deal details already happened. The following quotation:

• Nothing's changed from ownership: eBay still has 30% shares of Skype, while foreign investors (including Silver Lake, Andreessen Horowitz, and the Canadian Pension Fund) has 70%.

• From there, 14% ownership held by Niklas Zennström and Janus Friis, the founders of Skype.

• Approval of purchase of Skype gives the company a valuation of $ 2.75 billion, which is higher than the valuation / price that eBay paid for Skype in 2005.

• JoltID Ltd is an investor in Skype. JoltID owned by the founders of Skype and is an important part of the legal case between eBay and the founders of Skype. This company holds the key of P2P technology is used Skype, and is now officially owned by Skype as part of this agreement.
  

READ MORE - Skype official Finally Sold With 2.75 Billion Dollar Price

Portal streaming music free imeem, which afflicted the last few months a lot of problems, ranging from the demands of the recording labels for copyright infringement, to the growing debt, which is not far from to support the payment of royalties to recording labels for each song streamed free in situsnya.enjoymyspace.

But all of these problems seem to be over, at least for the original management imeem. Because today imeem eventually acquired, by the big daddy who's been targeting to acquire music portals stream: Myspace.

Citing Techcrunch, although not yet officially announced, but Myspace and Imeem has signed an acquisition agreement, which is worth $ 1 million. The acquisition value is very cheap is because MySpace is to flow the funds to pay the debt accumulated Imeem. Only half of the population imeem employees who will remain employed MySpace.

And now after the imeem acquired by MySpace, the site maintained masihkah to go on? When seeing iLike also been acquired by MySpace, imeem probably still be operating, with flagship myspace. However, if imeem going to die, I myself prefer to use Grooveshark. Moving? [Techcrunch]

READ MORE - Imeem With the MySpace acquisition price of $ 1 Million

Social networking site MySpace was also keen to promote the online music industry. This time the choice fell to a free streaming music site imeem.

Rumors that surfaced through Yahoo Tech, Wednesday (18/11/2009), it said today the two companies were in discussions to produce a deal. This decision will likely happen in the next few weeks due to the requirement for an agreement still must be negotiated.

Networking site number two in America itself is rumored to be combined imeem with several leading record companies. Imeem merger is believed to increase the number of users due to imeem own MySpace was rumored to have approximately 4.5 million users.

Before buying imeem, MySpace also has bought iLike, a music recommendation service site, with a price of $ 20 million.

Imeem, a company based in San Francisco has been established since 2007 but the company could not develop because the music business is not able to find a formula to meet customer needs. The site itself is currently providing similar services MySpace music, be it a personal profile, providing music recommendations to other people, or looking for music that was heard.

READ MORE - MySpace Music plans to buy Site Again