MySpace gets hands on iLike
China Daily | Updated: 2009-08-21 08:05
NEW YORK: News Corp's MySpace said yesterday that it has agreed to buy music recommendation service iLike, as the once-hot social networking site tries to reinvent itself into an entertainment portal.
MySpace declined to disclose financial terms of an acquisition that brings iLike's twin brother founders Ali and Hadi Partovi and Nat Brown into the MySpace fold.
The site was backed by venture capital funds and Ticketmaster Entertainment.
Photo