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Imeem Buyout Could Push MySpace Closer to “Freemium”

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Consolidation appears imminent in the free streaming music sector, as MySpace is on the verge of acquiring social music site Imeem. A source with knowledge of the situation confirmed that negotiations are in process, but no deal is set. If it happens, the buy would be MySpace’s second fire-sale acquisition this year, following its mid-summer [...]

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