Comments on: Web 2.0 Music Pioneer iLike Looking for Buyers

By: How A ‘Made’ Startup Was Clipped | Defamer Australia

How A ‘Made’ Startup Was Clipped | Defamer Australia — Wed, 19 Aug 2009 01:21:01 +0000

[...] was presumably slow in coming, though, because by fall of the following year iLike was said to be trying to sell itself and Ticketmaster wrote off half the value of its investment. Now investors are basically trying to [...]

By: How a ‘Made’ Startup Was Clipped [Acquisitions] | Geek & High Tech

Tue, 18 Aug 2009 19:13:05 +0000

By: Sale of iLike to MySpace–$13.5 Million in Cash, $6 Million for Talent Retention–Delayed Over Tax Issues (Really!)…Plus, the List of Other Suitors! [BoomTown] | OOPSCOOP

Tue, 18 Aug 2009 07:30:41 +0000

[...] longer, which is why the founders turned to Allen & Co., as MediaMemo reported as far back as November, to find another big investor or [...]

By: Sale of iLike to MySpace–$13.5 Million in Cash, $6 Million for Talent Retention–Delayed Over Tax Issues (Really!)…Plus, the List of Other Suitors! [BoomTown] | UpOff.com

Tue, 18 Aug 2009 07:11:31 +0000

[...] Ticketmaster would buy iLike. No longer, which is why the founders turned to Allen & Co., as MediaMemo reported as far back as November, to find another big investor or [...]

By: Sale of iLike to MySpace–$13.5 Million in Cash, $6 Million for Talent Retention–Delayed Over Tax Issues (Really!)…Plus, the List of Other Suitors! | Kara Swisher | BoomTown | AllThingsD

Tue, 18 Aug 2009 06:25:28 +0000

[...] longer, which is why the founders turned to Allen & Co., as MediaMemo reported as far back as November, to find another big investor or [...]

By: Sony, Warner Music Pull Full Songs From iLike. Look Out, Theoretical Facebook Music Offering! | Peter Kafka | MediaMemo | AllThingsD

Thu, 04 Dec 2008 17:00:28 +0000

[...] This isn’t a huge problem for iLike, as the “outages” only affect the offerings at iLike.com itself, and not iLike’s popular Facebook app, which is the core of its business. That’s because the Facebook app itself has never offered users the chance to listen to full songs from the big labels. And iLike has other, pressing issues to deal with: The company is actively looking for buyers. [...]

By: Adam Wexler

Adam Wexler — Tue, 25 Nov 2008 15:07:42 +0000

iLike parlayed their facebook popularity, mistaken apple affiliation and friendly URL choice to the top of the digital music space as recently as 6 months ago.

Yet, their core functionality has suffered along the way, and It’s no wonder last.fm, who offers a superior product/service, is steadily on the rise, while iLike’s best days may be behind them.

By: Peter Kafka

Peter Kafka — Tue, 25 Nov 2008 12:15:38 +0000

For readers who don’t know, Jonathan is himself a former IAC employee – he helped run Vimeo. And we are very pleased that he’s a MediaMemo reader.

By: Jonathan Marcus

Jonathan Marcus — Tue, 25 Nov 2008 06:30:28 +0000

How the mighty have fallen. iLike used fortuitous early positioning as a substitute for a real product. In the good old days, the iLike fan boys within IAC tried to inculcate their ponzi-scheme strategies throughout the organization. For the rational business mind, it made for a terribly frustrating diversion.

Ticketmaster’s market capitalization hovers around $250 MM and they are saddled debt. How do you suppose they can afford to be an acquiror of product-less money pit?