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Myspace dodges Payment to Imeem Artists. Last week we broke the news that Myspace Acquired Imeem and some of its assets. Immediately it was obvious that thousands of listeners would be playlistless, but there was little insight as to how artists were effected. Now wired has a piece on how many artists that were previously owed money from sales would have to line up behind imeem's bank and other creditors. There was some talks about Snocap being acquired as a part of the "certain assets" and I don't know about you, but if Myspace were to release Snocap in another form it would def makes me think a little longer before signing up with a service that snubbed artists of payment once before. So go a head and change your name Snocap, change the look and feel, we know who you are.

RIP Imeem. Today in HOLY F*%^$ WHAT JUST HAPPENED, Imeem a favorite among many music enthusiasts has just evaporated, in a deal that has Myspace music acquiring "certain assets". Myspace plans to leverage imeem's industry leading technology and their snocap service. Right now Imeem users are left on their face with no other option to sign up to Myspace. How do you feel about Imeem disappearing?