Myspace to acquire imeem – what fate for 16 million users?

Ailing social giant Myspace is in acquisitive mood. Having just purchased iLike (the same service that just did the music search deal with Google), they’re now in talks to make a deal to buy imeem,…

Universal Music and YouTube Partner for New Music Vide Website

CNET and the Wall Street Journal are both reporting that Universal Music Group and YouTube are in final negotiations to create a new music videos website, with the working title of Vevo. The site is…