AAPL Stock: 118.03 ( -0.85 )

Printed from

MySpace to buy iLike?

updated 11:10 am EDT, Mon August 17, 2009

MySpace May Buy iLike

MySpace may be close to upending the music market with an acquisition of iLike, a rumor this morning suggests. More than one TechCrunch source has the social network giant buying the music recommendation and playback app for about $20 million in a deal that could be made public later this week. The purported agreement would be separate from the MySpace Music download and streaming service available today.

Neither of the involved companies has commented on the rumor.

A buyout of the sort would represent a major blow to Facebook, for whom iLike is not only one of its most important apps but its only real equivalent for purchasing music. iLike recently opened its own store after linking only to Amazon MP3 and iTunes, and it's also known for regularly offering full-length songs to stream either in a site profile or for sharing with others. It's not known if MySpace intends to pull iLike from Facebook, Bebo and other competing networks.

Adding iLike would also reinforce MySpace's attempt to become a central hub online music and to compete not only with Facebook but also iTunes and other services. While MySpace has regularly been a home for artists, it has rarely had an easy way to share music or to offer features besides playing music; iLike would bring better ways of sharing music between users, finding artists on tour and buying concert tickets.

by MacNN Staff



Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented