Search Results for: imeem

imeem Enters the Platform Fray

imeem logoJust when you thought social networking was safe—it’s another platform. The imeem Media Platform, launched last night, is the latest addition to social networking platform stable.

But yes, there is a twist this time. imeem, if you’re not familiar with it or its Facebook app, is a social network centered around music, video and photos. In addition to personal media, imeem also features “professional” content, including popular music, music videos, movie clips and more.

And here’s the twist: the platform will enable developers to access and use any media on the site, including professional and personal content—and imeem will handle all the licensing for you. (Because they’ve never had legal troubles in that area before.)

imeem’s introduction for its platform says that developers will be able to:

Imeem Offers Universal’s Music Free

The music industry has had a lot of shakeups recently, and here’s yet another. Social media community imeem has signed a licensing deal with Universal Music group, the largest music label in the music industry. Now you can listen to Universal’s streaming music and watch videos free.

Rather than make money on the music, they show ads and split ad revenues. This isn’t a new model, of course and I wonder what the artists make from it.

Universal is finding ways to get around Apple’s stronghold by not only working with imeem, but also with cell phone provider Nokia. There Comes With Music feature comes with a one-year, unlimited access music download service. Not only are the songs available on your cell phone but you can keep any music you downloaded after your subscription expires.

The Next Hot Marketing Ploy? Find a Way to Get Sued!

Forget search marketing, viral marketing or even social marketing, there’s a faster way to get your company in the spotlight – get sued by a bigger company.

Don’t believe me? Take a look at all the publicity that social network Imeem is now getting, thanks to a law suit slapped on them by Warner Music.

The suit, filed Tuesday in the U.S. District Court for the Central District of California, claims that “Imeem is no innocent infringer. It invites Imeem’s millions of users to flock to its website to copy, adapt, distribute and perform unlicensed sound recordings and music videos.” A statement from Imeem was not yet available.

Ad-Supported Music Doesn’t Make Money, Either

myspace music logoWe spend considerable time here chronicling just how badly the newspaper industry is adapting to making money on the web. With so many sites abandoning free, ad-supported content, it seems like they just don’t know what they’re doing.

And maybe they’re not the only ones. In the last few years, we’ve seen the rise of many ad-supported free music sites: SpiralFrog, imeem, MySpace Music, Pandora, to name only a few. And the entire sector is struggling, as CNET reports today: SpiralFrog shut down earlier this year (which is almost funny, since it was a joint venture between the NYT and the Financial Times), imeem is reeling from a financial crisis, Pandora is charging its heaviest users, and MySpace Music underperformed in Q1.

Google Welcomes Yahoo to OpenSocial

Two related stories today – one that Yahoo has joined Google’s OpenSocial. Yahoo seems to be in a collaborative mood lately (except with Microsoft).

Yahoo has also joined the OpenSocial Foundation (links to Yahoo’s press release). The foundation includes Google, Yahoo, and MySpace.com. OpenSocial Foundation is a nonprofit organization to promote a universal standard for applications on social-networking sites.

Facebook is steadily refusing to participate in OpenSocial or the foundation, choosing instead to support Facebook developers. Facebook is credited with starting and fueling the development of social network applications.

Google is emphasizing that OpenSocial is a community effort (or as Mozilla puts it, “a public benefit”) and not for Google’s benefit only. In true form, it has a web site (OpenSocial.org) built on Google’s new Google Sites platform. There’s also a Blogger blog for OpenSocial.

Facebook Working on MySpace Music Clone?

music on facebook logoRumors have been circulating about Facebook working on a music platform similar to MySpace’s for months. Today they’re being revived with news that Facebook’s “music division” has been in talks with record labels.

Apparently launched last month, the Music on Facebook page is suddenly drawing a lot more attention. The page appears to be a “meta page” for all Facebook Pages devoted to bands and music. In the sidebar BTF, they list their featured launch partners: more than 80 musicians and bands ranging from Wyclef to Keith Urban to Coldplay (all of which have their own Facebook Pages, of course).

But for Facebook to launch a real social media/music “revolution,” a lot more will have to happen. Predictions from CNET and paidContent include:

YouTube Making Universal Music Money–What about Google?

Well, it looks like the most popular video site on the Internet is making somebody money—but it might not be Google. Universal Music Group reports that YouTube is making them “tens of millions of dollars.”

Rio Caraeff, executive vice president of Universal Music Group’s eLabs and head of their digital group, told CNET:

[YouTube] is not like radio, where it’s just promotional. It’s a revenue stream, a commercial business. It’s growing tremendously. It’s up almost 80 percent for us year-over-year in the U.S. in terms of our revenue from this category.

The tens of millions are part of $100 million in video streaming revenue for the company. The money comes from not only a partnership with YouTube, but other sites including MTV, iMeem and MySpace. Three years ago, UMG made nothing from their videos.