Monday, August 17, 2009
Report: MySpace Acquiring iLike
A report today from TechCrunch reports that Los Angeles-based online social networking site MySpace is in the process of acquiring iLike, which operates an online service that allows users to share their music playlists and recommendations with friends. Neither company has confirmed the deal, which TechCrunch puts at "around $20 million." iLike is backed by Ticketmaster.