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Confirming a long-held expectation, Imeem acquired the struggling Snocap digital rights and content management firm.
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Timing is everything in business, and having a visionary idea too early can prove fatal. So it is with Shawn Fanning’s Snocap, which has formally announced today that it’s being acquired by Imeem. Or what’s left of it - most Snocap employees were laid off
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Peer-to-peer (P2P) filtering products are supposed to provide two functions critical to ensuring the continued successful expansion of the Internet.
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As digital revenues have grown and other income streams slowed to a trickle, record labels and artists have begun to question paying digital distributors 10-30% for delivery of music to download stores.
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There’s a lot of money out there in the economy that people used to spend on CDs. The question is, where, exactly, did it go?
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