MySpace Acquires imeem’s Assets and Sets Sights on Migrating Music Playlists
MySpace Music Takes Over imeem
The news broke out today that MySpace has officially confirmed the acquisition of certain assets of the widely recognized social media music platform, imeem. Users trying to access imeem are now redirected to MySpace Music.
Shared Vision for Music Socialization
Owen Van Natta, the CEO of MySpace, stated, “MySpace Music and imeem both prioritize the continuous enablement of content socialization across the web.” He further expressed optimism regarding the deal, emphasizing that it would harness imeem’s superior technology. Over time, this collaboration aims to seamlessly integrate imeem’s offerings into the MySpace Music user experience.
imeem’s Legacy in Music Streaming
Founded in 2003, imeem has impressively garnered a music community that boasts more than 16 million global users. Van Natta highlighted that imeem was at the forefront in introducing the ad-supported digital music model. Furthermore, it was the pioneer in creating the internet’s first embeddable music and video playlists. This innovation allowed users to share songs and playlists virtually everywhere online, including MySpace.
Transition and Team Integration
In light of this acquisition, MySpace welcomes key imeem executives to guide the migration. imeem’s CEO Dalton Caldwell, CTO Brian Berg, COO Ali Aydar, and VP of Sales David Wade will join as consultants to oversee a smooth transition.
While the financial aspects of the deal remain undisclosed, there are speculations about the acquisition sum. Mike Arrington, a noted industry observer, has hinted at a figure below $1 million.
Migrating Music Playlists
In the subsequent weeks, MySpace is committed to expeditiously merging imeem features into MySpace Music. One of their primary objectives is to provide users access to their imeem-created playlists on MySpace Music. The MySpace Music team is already diligently working to replicate users’ imeem playlists. Moreover, users can anticipate receiving an email with detailed instructions on how to access their playlists using their MySpace login. For those without a MySpace account, there’s an option to sign up here.
For any queries regarding this transition, users can refer to the MySpace FAQ section.
The acquisition of imeem by MySpace marks a significant chapter in the music streaming industry. With shared goals and the promise of enhanced user experience, the future of MySpace Music seems bright and melodious.
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