MySpace buys imeem music site for under $1 mln (AP)

Posted by cellfun_news on 9 December, 2009
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The homepage of MySpace displayed on a computer monitor. MySpace on Tuesday announced that it has bought online music service imeem and is weaving it into the social networking community.(AFP/File/Nicholas Kamm)AP – MySpace’s online music venture with recording labels completed its purchase of song streaming site imeem on Tuesday, scooping up its 16 million users and mobile phone applications for less than $1 million.

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