MySpace buys iLike social music service

The acquisition is expected to enhance MySpace's user experience

MySpace, scrambling to jump-start its popularity, has agreed to buy iLike, a social music discovery service that is very popular on MySpace and other social networks like Facebook.

The companies would seem to be a good fit, considering MySpace has always had a strong emphasis on music, concerts and recording artists.

MySpace, once the most popular social-networking site in the world, has been surpassed by Facebook. Parent company News Corp. shook up MySpace's management in April, bringing in Owen Van Natta as CEO. A former Facebook chief revenue officer and vice president of operations, Van Natta replaced Chris DeWolfe.

Van Natta, who also worked at Amazon.com as vice president of worldwide business and corporate development, came to MySpace from online music company Playlist, where he had been the CEO.

Also in April, News Corp. hired Jonathan Miller, the former AOL chief, to be News Corp.'s CEO of digital media and chief digital officer. Van Natta reports to Miller.

In June, MySpace announced its intention to cut its U.S. staff by almost 30 percent to 1,000 employees and to slash its staff abroad from 450 to about 150 employees, as well as shutter several international offices.

Financial terms of the MySpace-iLike deal weren't disclosed.

iLike was founded in 2006 by brothers Ali and Hadi Partovi and today has 55 million total users and 1.5 billion monthly impressions.

Ali Partovi will remain as CEO, Hadi Partovi as president and Nat Brown as CTO. iLike, which has 26 employees, will keep its offices in Seattle.

In a press conference on Wednesday, Van Natta said he expects iLike to remain present in other social networks, including Facebook, and to continue growing its usage in general.

"In the short term, users should expect the iLike experience to be unaffected by the acquisition. Over time, the collaboration of these two companies will deliver a user experience that is unparalleled on the Web," Van Natta said.

The iLike technology offers MySpace opportunities beyond the music category. "What iLike has created isn't limited to just music, and should extend to all the areas important to MySpace users, such as entertainment, video and games," he said.

Van Natta also said iLike will operate separately from MySpace Music, a joint venture between the social-networking site and the biggest music industry players.

MySpace Music lets members of the social-networking site stream for free music from the four major record companies, as well as buy songs for download without any digital locks from a store powered by Amazon MP3.

It also lets users share music, purchase merchandise and event tickets, manage their digital music collections and compile playlists.

When asked for comment, Facebook said via e-mail that iLike was one of the first applications built on its platform and that it has become a success with more than 10 million users.

"We expect that users will continue to discover and share music through the iLike application on Facebook," the Facebook statement reads.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags MySpacemusicsocial networks

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Juan Carlos Perez

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?