FUCK MYSPACE

Over the past 4 years or so, as I jumped from blog to blog, writing about various music related topics, one thing remained constant: I always used Imeem to upload and embed my mp3's. It was extremely simple, user friendly, and fast. And then.....the Apocalypse.

As of today,
MySpace's acquisition of imeem (at an extreme bargain basement price) is complete. The company officially announced the transaction on its blog after weeks of speculation.

The impact of the deal will be felt immediately. Starting tonight, imeem users will be redirected to MySpace Music. Sources say that in the coming weeks, the company will migrate playlists created on imeem to MySpace Music profiles as well. So anyone with a myspace music page, i.e bands, will have their music changed over from Imeem. Any "private" users of Imeem (those who use the site to just listen to music or upload for hosting) are SOL. See ya. Bye.

The deal, and firesale price of under $1 million, was predicated on imeem's lack of cash. The company ran out of money after fourth-quarter ad deals didn't meet projections. Exasperating the problem were the licensing payments due record labels, and a copyright infringement lawsuit from the Orchard.

According to sources familiar with the deal, MySpace Music is not acquiring imeem's licensing deals, which are now in default, as the service has its own arrangements with the music industry through the joint venture.

The imeem deal comes just months after MySpace acquired iLike, but there are differences. iLike was a strategic acquisition planned and executed by MySpace Inc., to benefit multiple areas of MySpace, not just the music site. Imeem, meanwhile, is described as an acquisition of opportunity. The company approached MySpace Music after its cash situation became untenable.

Dear Myspace, when do you plan on allowing me, and countless others, to upload our own music to share with the rest of the world? When will your omnipotent grip loosen and grant me permission to host and embed my music on my blog? This I ask you, All Powerful One.

The Whipping Post- convincing you to defriend Tom since 2009.

UPDATE: I just looked at some old posts and all the music that accompanies these posts have vanished.....I hate you Myspace.