Golem.de reports that the social music and media streaming service iMeem has been overtaken by Rupert Murdoch’s MySpace.com and eventually been closed. It seems like this buy was intended only to remove a possible competitor from the market.
iMeem was a Start up from San Francisco. It was founded by former Napster Employees. Users could upload music and music videos, that could then be listened to as a stream. In 2007 iMeem managed to make deals with major music labels in the U.S.