Comments on: Imeem Acquires Snocap

By: MySpace Close To Acquiring iMeem | qface & sowmo sky

MySpace Close To Acquiring iMeem | qface & sowmo sky — Wed, 18 Nov 2009 06:28:07 +0000

[...] MySpace – the acquisition of a seasoned team with lots of experience in music. Plus the iMeem and SNOCAP intellectual property. It’s not clear if the iMeem brand will live on, but iMeem users will [...]

By: Is MySpace buying Imeem? – The Blogs at HowStuffWorks

Is MySpace buying Imeem? – The Blogs at HowStuffWorks — Tue, 17 Nov 2009 21:41:42 +0000

[...] had technology that enabled Imeem to see just how many times a particular song was played, according to Arrington. This helps Imeem pay the music labels their [...]

By: MySpace Close To Acquiring iMeem | ScooperNews.com

MySpace Close To Acquiring iMeem | ScooperNews.com — Tue, 17 Nov 2009 09:52:26 +0000

[...] – the acquisition of a seasoned team with lots of experience in music. Plus the iMeem and SNOCAP intellectual property. It’s not clear if the iMeem brand will live on, but iMeem users will [...]

By: MySpace Close To Acquiring iMeem

MySpace Close To Acquiring iMeem — Tue, 17 Nov 2009 07:53:29 +0000

By: Against All Odds: Imeem Raises More Cash And Has A Bold New Music Plan | Reviews Manual

Wed, 06 May 2009 22:44:39 +0000

[...] and iTunes, we’ve heard. Downloads module be oversubscribed direct by iMeem itself finished Snocap, which it acquired terminal year. Those download income are rattling baritone margin, but it takes money previously existence [...]

By: Against All Odds: Imeem Raises More Cash And Has A Bold New Music Plan | Newsfed - All local news fed to you in one place

Wed, 06 May 2009 21:01:55 +0000

[...] with Amazon and iTunes, we’ve heard. Downloads will be sold directly by iMeem itself through Snocap, which it acquired last year. Those download sales are very low margin, but it takes money previously being sent to Amazon or [...]

By: Against All Odds: Imeem Raises More Cash And Has A Bold New Music Plan

Against All Odds: Imeem Raises More Cash And Has A Bold New Music Plan — Wed, 06 May 2009 19:43:30 +0000

By: Imeem Has Acquired Snocap | RouteNote Blog

Imeem Has Acquired Snocap | RouteNote Blog — Tue, 03 Mar 2009 11:59:38 +0000

[...] has been reported over at Techcrunch that Imeem has purchased Snocap. Both Imeem and Snocap are partners of ours and for all of our [...]

By: perde

perde — Thu, 25 Dec 2008 16:26:00 +0000

good

By: Daily News: Thursday | Crazed Hits - The Music Industry's Leading A&R Site

Fri, 12 Dec 2008 18:48:38 +0000

[...] about to acquire [...]

By: NYTimes Article Reverberates Through Yahoo; Who’s Their Next CEO?

NYTimes Article Reverberates Through Yahoo; Who’s Their Next CEO? — Sun, 15 Jun 2008 10:53:26 +0000

[...] San Francisco Giants, makes angel investments and was most recently the Chairman of SNOCAP, which sold to Imeem in February [...]

By: Tech Moz - Tech News » Blog Archive » Who Bought Rupture?

Tech Moz - Tech News » Blog Archive » Who Bought Rupture? — Tue, 08 Apr 2008 08:35:37 +0000

[...] of the transaction. But Fanning, who founded Napster, is having a good month. Just a few days ago we reported that his other startup, SnoCap, was acquired by Sequoia-backed [...]

By: Imeem Confirms Snocap Acquisition

Imeem Confirms Snocap Acquisition — Mon, 07 Apr 2008 19:13:07 +0000

[...] buyers, Shawn Fanning’s startup Snocap is being bought by music social network imeem. We first reported the deal in February. Imeem is officially announcing the deal today. Terms are not being disclosed, but we [...]

By: David

David — Fri, 07 Mar 2008 04:09:39 +0000

Jason, you are a piece of work.

By: Jason Varrick

Jason Varrick — Thu, 06 Mar 2008 21:11:33 +0000

Imeem should have aquired SoundLoud and their SoundStation Music Store rather than Snocap and their Mystore which by the way is under litigation for trademark infringement by the folks at mystore.com. SoundLoud has been paving the way as the Snocap replacement. Everything snocap has done wrong, this company is doing right. Check them out for yourselves at http://www.soundloud.com

By: » Snocap has been acquired by Imeem Web 2.0 Money: The Money & Business Behind the Web 2.0 Innovations

Sat, 01 Mar 2008 20:56:21 +0000

[...] http://Imeem.com http://www.crun...m/company/imeem http://www.tech...cquires-snocap/ [...]

By: mark

mark — Mon, 18 Feb 2008 15:45:53 +0000

http://www.stan...s%20Release.pdf – funding press release – link above is broken.

By: mark

mark — Mon, 18 Feb 2008 15:20:03 +0000

Michael you should check into the Snocap funding info you have put up. Snocap raised 15 million in Series C alone with Courtsquare Ventures in early 2006 ( http://www.stan...30;..elease.pdf ). Pretty sure they raised much more than the 10 million you mention in your post. Having followed SnoCap since the begining, I don’t see how anyone got out smiling. cheers.

By: EH

EH — Thu, 14 Feb 2008 07:52:56 +0000

We’re one step closer to seeing Shawn Fanning taking EMT classes on VH1.

By: Pribek

Pribek — Thu, 14 Feb 2008 05:31:03 +0000

FreshBreakfast is correct in pointing out the strength of SNOCAP’s, easy to embed, functional storefront that enables micro-transactions and allows indies to sell individual songs directly.

That being said, this app could be done better and made more artist friendly, particularly in the area of micro-purchase fees and sound quality.

As all music becomes indie, there is a genuine demand for this app, hopefully imeem sees this potential and continues to develop it.

By: FreshBreakfast

FreshBreakfast — Thu, 14 Feb 2008 02:51:40 +0000

I think there’s a bit of oversimplication going on what wit the generous dose of hindsight. “Legal P2P” does NOT best describe the crux of SNOCAP’s killer app, which was essentially widgitizing a digital storefront for emerging indie artists. It was a turn-key registry and storefront solution that made sense for a whole lot of DIY artists. SNOCAP certainly wasn’t lacking in content, at least amongst the bubbling indie artist just below mainstream distribution, which in this digital media era encompasses a significant portion of music that is consumed in this country. But I agree in that, no matter how turn-key this solution was for both artists and PAYING consumers, nothing beats free and easy music.

Furthermore, the all-in-one digital registry and fingerprinting service mean SNOCAP had a very attractive B2B platform in the future era of ad-supported music (hello imeem?).

In other words, SNOCAP wasn’t a one-trick pony.

I think SNOCAP’s inability to monetize was ultimately a result of bad-timing; the market was not ready for digital registry/fingerprinting, but it will one day soon.

Great value pickup for imeem, on the heels of their brilliant anywhere.fm pickup.

By: Still Rob G

Still Rob G — Thu, 14 Feb 2008 01:15:50 +0000

David Hyman has some good points.
Snocap’s attempts to enable legal p2p were misguided.

The truth is users didn’t care about p2p, all they cared about was sharing music, which is exactly what imeem is all about.

In a roundabout fashion snocap has played its part in resurrecting all the great things about the original napster, it doesn’t matter that it’s not a p2p network, or that it’s all web based, imeem has all the key elements of what made napster 1.0 great. And snocap is sitting in there somewhere checking every user’s upload for licensed and blocked content.

By: Auditing

Auditing — Wed, 13 Feb 2008 23:19:50 +0000

is Imeem already making this much money so that they can afford these acquisitions? And if not, how can investors trust this much in Imeem to spend big amount of money for new acquisitions?

By: AnnaM

AnnaM — Wed, 13 Feb 2008 22:37:01 +0000

snocap was founded by ex napster employees
imeem was founded by ex-napster employees

So the big question for the bloggers is: does this acquisition mean that imeem is becoming the new-old-napster, or is it still the ‘youtube of music’?

By: Jason Varrick

Jason Varrick — Wed, 13 Feb 2008 22:25:05 +0000

Snocap had poor execution, check out http://www.soundloud.com. These guys make snocap look like snocrap.