MySpace Acknowledges Imeem Deal and Starts Shutting Down its New Acquisition

The deal was done last month and now both parties are officially announcing it: MySpace has bought Imeem and is in the process of shutting it down. Imeem users will be directed to MySpace Music, and they can go ahead and delete their Imeem Android and iPhone apps, which will no longer work.

MySpace CEO: Google Deal Less Than Half Our Revenue

An interesting exchange during this afternoon’s interview with Owen Van Natta, CEO of MySpace, and Jon Miller, chief digital officer of News Corp. Asked about MySpace’s $900 million deal with Google, Van Natta said it is important, but not that important. “It’s not the majority of our revenue,” he explained, adding that the deal represents half of MySpace’s revenue.
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