Imeem acquiring Snocap

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 [...]