likes

I don't have it confirmed yet, but it appears iLike is preparing to integrate its new music download store into its popular Facebook application sometime soon.

According to one music industry source, Facebook users may be able to start buying downloads from iLike's Facebook app as soon as this week. Seattle-based iLike and its new parent company MySpace aren't wasting anytime testing Facebook.

On Wednesday, MySpace announced that it had aquired iLike for an undisclosed amount of money. The news that the two sides were close to the deal had leaked days ago, so it wasn't … Read more

It's official: MySpace is acquiring iLike. Reporter Caroline McCarthy talks about what the deal means for the Facebook version of the music service and how it plays into MySpace's overall goals.

Also in today's podcast: A Missouri woman gets the dubious honor of being the first person charged with the felony of cyberbullying under the state's new law; European Commission looks into reports of exploding iPhones and iPod Touches; and the rest of today's top headlines.

Today's stories:

It's official: MySpace to acquire iLike

Missouri woman charged with cyberbullying

EU's exploding-iPhone investigation heats up… Read more

MySpace CEO Owen Van Natta has confirmed in a Wednesday conference call that the News Corp.-owned social network has "entered into an agreement to acquire iLike," following rumors earlier in the week.

iLike's co-founders will remain at the company and stay headquartered in Seattle; the service will be "unaffected by the acquisition" in the short term.

Van Natta explained in the conference call that the acquisition is on behalf of MySpace Inc. rather than its MySpace Music division, a joint venture with the major record labels, because the company plans to extend its technology … Read more

Music service iLike is dependent on Facebook for 80 percent of its traffic and revenue, and that fact has suppressed iLike's value, say sources close to the music service.

MySpace has offered about $20 million to acquire iLike, a music recommendation site and provider of Facebook's most popular music application, sources with ties to iLike said. They added that the deal could close at any time. TechCrunch first reported the acquisition talks.

Some in Silicon Valley have speculated that MySpace isn't willing to pay more for iLike because it fears Facebook will boot iLike once its main … Read more

News Corp.-owned MySpace is "close to acquiring" social music service iLike, according to TechCrunch.

The price tag is rumored to be in the neighborhood of $20 million. Representatives from iLike were not immediately available for comment.

The report comes within days of iLike launching a music download store--a development first reported by CNET News--with MP3s available from all four major record labels.

The deal, if confirmed as accurate, highlights the often complicated connections in digital media's elite ranks.

iLike, for example, rose to fame through its close ties to Facebook. The iLike application, since re-branded to simply Music, … Read more

Social-networking service iLike opened a music download store on Friday, and has begun selling MP3s from all the major music labels.

On Wednesday, CNET News reported that iLike would soon open a store and offer song downloads from at least three of the major labels. The site actually is selling music from all four big record companies: Universal Music Group, Sony Music Entertainment, Warner Music Group, and EMI.

The prices are comparable with those found at iTunes and Amazon. Songs range in price from 89 cents to $1.29.

Companies competing in the ad-supported music space have struggled to generate … Read more

Facebook most's popular music application comes from iLike, and soon the company will try to turn that social-networking cachet into song sales.

Seattle-based iLike, a social music service, is expected to launch a music download store in coming days, perhaps as soon as Thursday, according to two sources with knowledge of the deal. Last month, CNET News reported that iLike was in talks with the top four recording companies about securing licenses for downloads.

The new store will debut as a beta version and will feature songs from at least three of the four top major recording companies, according … Read more

Three years ago this month, the Financial Times and The New York Times chronicled the emergence of an untried but promising new digital-music service: SpiralFrog.

The start-up would offer music free of charge to consumers and attempt to hand the bill to advertisers. Since then, we've seen a dozen companies make names for themselves by offering their own twist on the ad-supported music model, including MySpace Music, Imeem, and Pandora. But regardless of how anyone has tweaked it, not a single service in the still-nascent sector has proven that it knows how to offer consumers a compelling free-music service … Read more

In its typical stately and slightly behind fashion, The New Yorker magazine this week published a piece (subscription required) about big changes in the live music industry. The article used as its grounding point a recent dispute between Bruce Springsteen and Ticketmaster over scalping and ticket withholding by artists, but the larger point was that the concert industry may be following the recording industry down the tubes--a prediction I made more than a year ago. The article has reams of supporting statistics and quotes, but the simple point is that the big acts aren't selling as many tickets as … Read more