Articles tagged with: Imeem
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MONEY OR MUSIC: You Just Can’t get ‘em Both
MySpace Music bought Imeem, the popular networking site, for a reported price of 8 or 10 million dollars, (most of it to pay for the staff, rather than the music or the customers, which actually went for less than $ 1 million) on Tuesday Dec 8th. Imeem, which had been facing money problems for quite some time now, gave into the pressure when Indie label The Orchard, sought to sue it for a whopping $150,000, per record it allegedly infringed. Whatever the …
