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Warner Music writes off $33 million in music startups Imeem, Lala
Warner Music writes off $33 million in music startups Imeem, Lala
When it comes to music startups of my generation, they have yet to bring in serious revenue. And to make matters worse, the ones that stream music have to pay record labels a hefty licensing fee. Major record label Warner Music Group may be one of the record labels driving up costs for these ...
Social MTV: Blip.fm Adds YouTube Videos [GigaOM]
Social MTV: Blip.fm Adds YouTube Videos [GigaOM]
gigaom.com — Social music site Blip.fm added YouTube videos to its music feed today, allowing users to turn its... “Twitter for music” service into a social video playlisting site. The free service, which allows users to listen to songs and share them ... (more) Social MTV: Blip.fm Adds YouTube Videos [GigaOM]
How to free listen,download imeem music with imeem downloader?
How to free listen,download imeem music with imeem downloader?
download-streaming-video.com — Like imeem music? Want to download imeem music? Wondershare Streaming Audio Recorder is the best Imeem downloader... to download imeem music, rip imeem music . (more) How to free listen,download imeem music with imeem ...
Trouble Ahead For Blip.fm?
Trouble Ahead For Blip.fm?
techcrunch.com — In an honest blog post , music recommendation and streaming service Blip.fm (which we likened to a... Twitter for music when it launched almost exactly one year ago), CEO Jeff Yasuda has indicated that the startup is going through a rough phase right ... (more) Trouble Ahead For Blip.fm?
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Warner Music Group’s $33 Million Investment In Imeem and Lala Written Off
Pulse2 - Technology News And Reviews — ... Company recorded charges of $29 million, including $16 million to write-off its investment in imeem, inc. (“imeem”) and $11 million to write-down its investment in lala media, inc (“lala”) to its estimated fair value. Imeem recently raised additional funding and is putting together an iPhone application.  Imeem’s valuation was north of $200 million at one point but has fallen since.  Warner invested $20 million in Lala and $15 million in Imeem. [via VentureBeat] ...

Record Labels Continue 'Negotiating Through Lawsuit'
Techdirt — ... as part of the settlement. Of course, because iMeem had no choice but to cave in order to deal with the lawsuit, the terms of the deal were so onerous that iMeem nearly went out of business -- until Warner Music wrote off the investment and recently renegotiated. ...

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