+ Owen Van Natta, the Chief Executive Officer of MySpace, has confirmed reports that MySpace has purchased music centered social networker iLike.  Sources put the purchase price at a recession. Continue reading

"The recent distressed exit of iLike reminds us of the need to build real value in our startups if we hope to create lasting companies and wealth… If we look. Continue reading

  + MySpace is close to buying iLike for $20 million according to TechCrunch. Quick analysis: iLike is second only to MySpace in hosting pages for artists. Combining their assets. Continue reading

iLike has opened  its own digital download store offering mp3's from all four major label groups. Buy buttons to iTunes and Amazon are still available, but iLike is clearly positioning. Continue reading

To: bob@lefsetz.com if asked….how does twitter actually make you money? well it just saved me at least a couple grand in hotel and piano rental bills. imogen heap and i. Continue reading

Clay Shirky shows how Twitter, Facebook, SMS and other social media are demolishing the top-down control of news and information. His examples are political, but they ring true for music. Continue reading

Growth may have slowed for MySpace, but the same can't be said for its music.myspace.com subdomain. New Nielson figures show a 190% increase at MySpace Music since its launch in. Continue reading

Planet Cazmo, a virtual world for tweens and teens, has partnered with music industry veteran Tommy Mottola to expand its  Virtual Concert Series and other music and branded content initiatives.. Continue reading