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Imeem buys Snocap: confirmed

p2pnet news | Products:- Shawn Fanning’s Snocap may be on the verge of total meltdown, p2pnet posted last year, wondering, “Is it finally going under?”

It was, we went on in February, “and the new owner is music streaming site Imeem, for an undisclosed price“.

We thought it was already a done deal.

But apparently not.

Imeem, itself once an independent music service accused of copyright infringement, “said Monday it has agreed to acquire Snocap,” says Associated Press.

As we also said in our original post, “Fanning, meanwhile, is now focused on his latest venture, Rupture, an, “online destination connecting gamers around the world, allowing them to share gaming experiences, events, challenges and achievements”.

SlashdotSlashdot it! Add to Technorati Favorites

last year – Fanning’s Snocap – failing fast, October 15, 2007
undisclosed price – Imeem – Snocap’s new owner, February 14, 2008
Associated Press – Music social networking site imeem buys Snocap, April 8, 2008


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