Imeem acquiring Snocap
Social media service Imeem has announced that they are now acquiring Snocap.
Imeem focuses on providing ad-supported music and video content while Snocap is essentially a music-licensing company which was founded by the creator of Napster Shawn Fanning.
The two companies have not disclosed the financial aspects of this acquisition deal.
Imeem has already been using [...]

Last.fm makes song available to play on demand

Last.fm has announced that they are now making available around 3.5 million songs for on demand play.
The web based service enables music lovers to explore new form of music from different artists. They would now be able to listen to the songs they click on for three [...]

Universal Music Group collaborating with Imeem
Imeem has announced that they are now going to work with Universal Music Group to provide their media content online.
Imeem would now make available digital music and videos from Universal on their social networking service.
Universal has now become the fourth major music company to sign up a deal with them. [...]

Imeem to get media content from Sony BMG
Sony BMG has announced that they have entered a deal with Imeem to provide them with its digital music and video catalogs.
This content would be made available to users in the United States and Canada for free.
The free service is funded by online advertisements and the two [...]