MySpace to buy social music site iLike

News Corp.-owned MySpace buys music Web site and network application, which gained popularity on Facebook and other social networks.

EMAIL  |   PRINT  |   SHARE  |   RSS
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all RSS FEEDS (close)
By David Goldman, staff writer

MySpace said iLike will work along side its MySpace Music unit, but will not be integrated with it.
When do you plan to retire?
  • Before age 65
  • At age 65
  • After 65
  • Never

NEW YORK ( -- Social networking site MySpace said Wednesday that it agreed to buy popular music application iLike for an undisclosed amount.

The deal marks MySpace's first purchase under Chief Executive Owen Van Natta, who took the helm in April.

Once the largest social network, the company has struggled to grow its user base since it was purchased by NewsCorp (NWS, Fortune 500) in 2005.

With 55 million total users, iLike is the most popular music application across social networks, including Facebook, which eclipsed MySpace as the world's biggest social networking Web site in 2008.

ILike allows users to share music playlists and concert alerts, as well as connecting them to concert ticket buying Web sites. Van Natta said users will not notice any immediate changes and will still be able to access the application on rival networks.

First of many deals. The MySpace CEO said on a conference call that the deal will compliment the MySpace Music unit, a joint venture with major record labels. Van Natta hopes to expand iLike into gaming and video.

"ILike provides a great experience," said Van Natta. "We want to continue to extend that to new users into other categories -- it has a broad range across other entertainment categories."

Van Natta said the iLike acquisition is just the first of many soon-to-come announcements of bringing "world-class" talent to the company.

The MySpace chief executive said he doesn't want to disrupt what iLike is doing, and will keep the company's founders, Ali and Hadi Partovi, in their current roles. However, he also said he plans on utilizing the Partovi brothers' skills in other areas of the company as well.

"MySpace's strengths have been a long-time source of inspiration for iLike," said Partovi, in a statement. "Combining MySpace's existing platform, reach and resources with iLike's syndication network and social discovery tools creates the potential for truly exciting innovation and commerce across any vertical entertainment category."  To top of page

Social network MySpace announced on Wednesday that it has agreed to purchase iLike, an Internet social music service.
They're hiring!These Fortune 100 employers have at least 350 openings each. What are they looking for in a new hire? More
If the Fortune 500 were a country...It would be the world's second-biggest economy. See how big companies' sales stack up against GDP over the past decade. More
Sponsored By:
More Galleries
Robot co-workers? 7 cool technologies changing the way we work Experts believe humans and machines will work much more closely together. More
17 cool gadgets that tease the future Smart telescopes, surveillance for dogs, an electric roadster and more from CES 2018. More
These 12 airplane beds let you really sleep on a flight For the price of a premium class ticket, you may just get a space that's comfortable, private, and quiet enough to ensure a good rest. More
Worry about the hackers you don't know 
Crime syndicates and government organizations pose a much greater cyber threat than renegade hacker groups like Anonymous. Play
GE CEO: Bringing jobs back to the U.S. 
Jeff Immelt says the U.S. is a cost competitive market for advanced manufacturing and that GE is bringing jobs back from Mexico. Play
Hamster wheel and wedgie-powered transit 
Red Bull Creation challenges hackers and engineers to invent new modes of transportation. Play