Archive for January 5, 2010

Fans lost their playlists, replaced by an orange Myspace music ad.

Not that I know many frequent Imeem users, however, the biggest loss of this fallout will hit the many indie musicians using Snocap to sell music on the web.

Under terms of the deal, Myspace only assumed some of Imeem’s assets, none of it’s debt, including cash-outs to the 110,000 artists who use Snocap.

Artists Screwed by Myspace Imeem takeover