imeem was a social media service where users interacted with each other by streaming, uploading and sharing music and music videos. However, it has since been shut down now that MySpace has acquired the service.
The company was founded in 2003 by Dalton Caldwell (ex-VA Linux) and Jan Jannink (formerly of Napster), and many of its core engineering team came from the original Napster file-sharing service[1]. The company takes its name from “meme,” a term coined by author Richard Dawkins to describe the spread of ideas and cultural phenomena.
imeem helped pioneer the free, advertising-supported music model for online music, permitting consumers to legally upload, stream and share music and music playlists for free with the costs supported by advertising. In 2007, imeem became the first-ever online music site to secure licenses from all 4 U.S. major music labels to offer their music catalogues for free streaming and sharing on the web.
The company also created the web’s first embeddable music and video playlists. People could use imeem’s widgets to embed songs and playlists from imeem virtually anywhere on the web, including on their MySpace and Facebook profiles or on their personal blogs.
imeem was based in San Francisco’s South of Market district, with additional offices in New York and Los Angeles. The company’s investors included Morgenthaler Ventures and Warner Music Group.
On December 8, 2009, it was bought out by MySpace Music in a firesale for an undisclosed amount. However, it is stated to have been less than $1 million
Closure
On December 8, 2009, MySpace (owned by News Corp) acquired imeem and angered many imeem users when it was closed down on the same day and all users were redirected to MySpace Music. The music-focused social network did not pay artists or labels the money owed to them for music streaming. The controversial move was criticized as another sign MySpace is out of touch with the times. Myspace recently assured imeem.com users that their playlists are safe and that they are currently duplicating every users' playlist and will migrate them on to Myspace Music as soon as possible. Myspace assured that features and functionality that users were used to at imeem will soon find their way onto MySpace, and compliment the existing platform alongside free full-song streaming, artist profiles, music videos, and more. Myspace will email imeem users the instructions on how to claim their playlists. On January 15, 2010, Myspace began restoring imeem playlists.
The company was founded in 2003 by Dalton Caldwell (ex-VA Linux) and Jan Jannink (formerly of Napster), and many of its core engineering team came from the original Napster file-sharing service[1]. The company takes its name from “meme,” a term coined by author Richard Dawkins to describe the spread of ideas and cultural phenomena.
imeem helped pioneer the free, advertising-supported music model for online music, permitting consumers to legally upload, stream and share music and music playlists for free with the costs supported by advertising. In 2007, imeem became the first-ever online music site to secure licenses from all 4 U.S. major music labels to offer their music catalogues for free streaming and sharing on the web.
The company also created the web’s first embeddable music and video playlists. People could use imeem’s widgets to embed songs and playlists from imeem virtually anywhere on the web, including on their MySpace and Facebook profiles or on their personal blogs.
imeem was based in San Francisco’s South of Market district, with additional offices in New York and Los Angeles. The company’s investors included Morgenthaler Ventures and Warner Music Group.
On December 8, 2009, it was bought out by MySpace Music in a firesale for an undisclosed amount. However, it is stated to have been less than $1 million
Closure
On December 8, 2009, MySpace (owned by News Corp) acquired imeem and angered many imeem users when it was closed down on the same day and all users were redirected to MySpace Music. The music-focused social network did not pay artists or labels the money owed to them for music streaming. The controversial move was criticized as another sign MySpace is out of touch with the times. Myspace recently assured imeem.com users that their playlists are safe and that they are currently duplicating every users' playlist and will migrate them on to Myspace Music as soon as possible. Myspace assured that features and functionality that users were used to at imeem will soon find their way onto MySpace, and compliment the existing platform alongside free full-song streaming, artist profiles, music videos, and more. Myspace will email imeem users the instructions on how to claim their playlists. On January 15, 2010, Myspace began restoring imeem playlists.
source: wikipedia.org
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