imeem, by its own description, is "an online community where artists, fans & friends can promote their content, share their tastes, and discover new blogs, photos, music and video."
User can upload their own content or "browse and add catalog content." imeem also makes it easy to embed original content hosted by imeem on other sites such as Myspace and blogs.
The new deal opens up Universal's full music and video catalog to imeem users. The deal however, may not have been cheap. imeem is "said to have paid cash up front as well as given Universal stock in the website."
Around since 2004, imeem now boasts 19 million unique visitors daily with 50000 becoming members daily.
Source:
dailytech
Written by: Andre Yoskowitz @ 12 Dec 2007 14:27
