imeem Partners With SNOCAP

Independent labels and artists can now to tap into imeem’s growing online music based social networking community to promote content via streaming and earn income through a share of advertising revenue. SNOCAP technology will
identify content uploaded by imeem users, determine if the content is permitted for streaming by the content owner, and then distribute a pro-rata share of the advertising revenue. (more)

How new higher royalty rates for streaming will effect imeem, SNOCAP and other music discovery portals like Pandora and Last.FM bears watching.