Imeem was dead-and-gone, and plucked from the ashes by MySpace Music. So why is MySpace getting such a bad rap? Maybe hate is just a crazy beast, one that feasts on the simplest and most plain scapegoat.
Outside the industry, fans and bands appear often ignorant about the factors that led straight to Imeem's shutdown, and MySpace Music - the sole party still standing - is now weathering the majority of the blame. And the situation is worsening. After a sudden transition and redirect last week, Imeem users and artists were surprised to find their accounts wiped away, and a typhoon of feedback exploded.
The most recent round is being powered by Wired, who discovered that more than 110,000 artists with Snocap-powered stores won't be paid.
Many of these accounts are tiny, though in the total, they may total up to something serious. So what occurs next? MySpace Music is presently trying to revive Imeem user accounts and playlists, though artists will remain delinquent on their Imeem balances. The rationale is that MySpace didn't acquire the liabilities that Imeem held, regularly the arrangement in fire-sales of this sort. MySpace Music didn't obtain Imeem's superb debt, including the cash Imeem owed to artists under the Snocap relationship.