Done Deal: MySpace Buys Imeem For Up To $10 Million

owen van netta tbi

It’s official: MySpace has closed on its acquisition of Imeem, the streaming music service. It is paying a fire sale price of $1 million, sources familiar with the situation tell me, and could pay up to $7 million to $9 million in earnouts for key employees, who will likely include CEO Dalto…

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