How MySpace Borged iMeem

MySpace grabs another music site.  Who is left standing?

Why imeem Really Sold Out

First, it was essentially a fire sale. Imeem, which in the past has been threatened into submission by large music labels, was feeling the heat from second-tier music labels wanting to get their pieces of flesh. On Oct. 21, The Orchard Enterprises, one of the largest independent record labels, sued imeem in U.S. District Court, Southern District of New York. According to the suit, imeem had to pay $150,000 per infringement. On those terms, for multiple infringements, the total could have run into billions of dollars.

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Published in: on November 18, 2009 at 4:37 pm  Leave a Comment  

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