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VIEW EVENT INFORMATION: Myspace |
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MySpace Confirms ILike Acquisition. Conference Call Livenotes |
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About the organization Myspace: Type: Business Sub-Types: Website, Social Networking Agent, Audio Hosting Agent, Video Hosting Agent, Text Hosting Agent, Picture Hosting Agent |
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Notable Organizations: Myspace, Techcrunch |
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As expected, MySpace has confirmed that it bought iLike. It is not disclosing financial terms, but our information is that it was around $20 million.
During the conference call, Van Natta stressed the importance of music, open content distribution, and talent as the main drivers behind the deal. He also put to rest misinformed speculation that there was any delay in the deal due to tax issues… |
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