Comments on: Warner Music Group Walks Away From Digital Start-Ups Lala and Imeem, Loses $33 Million

By: Done Deal: MySpace Buys Imeem For Up To $10 Million | Peter Kafka | MediaMemo | AllThingsD

Thu, 19 Nov 2009 03:15:40 +0000

[...] retrospect, Warner’s move to write off all of its investment in the company in May was 100 percent [...]

By: Why imeem Really Sold Out

Why imeem Really Sold Out — Wed, 18 Nov 2009 03:02:10 +0000

[...] Capital, one of the long time backers of imeem, opted out of funding the company. In May 2009, Warner Brothers wrote off a $16 million charge, but gave imeem new money and forgave future royalty payments in exchange for more equity. And that [...]

By: Confirmed: MySpace Looking to Buy Imeem | Peter Kafka | MediaMemo | AllThingsD

Tue, 17 Nov 2009 14:42:53 +0000

[...] which were killing the streaming music site. But that wasn’t enough to prevent investor Warner Music Group (WMG) from writing off the money it had sunk in the service (though Warner later ended up increasing its stake in the service [...]

By: Imeem’s Recap Round Doesn’t Include Sequoia

Imeem’s Recap Round Doesn’t Include Sequoia — Wed, 30 Sep 2009 17:42:49 +0000

[...] (A TechCrunch report this morning pegs the valuation at $6 million.) Warner Music, which in May wrote off a $16 million charge on a prior Imeem investment, provided some of the new money, essentially forgiving future payments [...]

By: Exclusive: Warner Music Group Gets Back Together–Very Cautiously–With Imeem [MediaMemo] | UpOff.com

Mon, 15 Jun 2009 19:50:46 +0000

[...] which told investors last month that it had written off the $16 million it had invested in the Web music start-up, plus another $4 million in debt, has made a new deal with company and will get another slug of [...]

By: Exclusive: Warner Music Group Gets Back Together - Very Cautiously - with Imeem | Peter Kafka | MediaMemo | AllThingsD

Mon, 15 Jun 2009 18:58:09 +0000

[...] which told investors last month that it had written off the $16 million it had invested in the Web music startup, plus another $4 million in debt, has made a new deal with company and will get another slug of [...]

By: EMI recupera (mais ou menos) mas Warner afunda-se | Remixtures

EMI recupera (mais ou menos) mas Warner afunda-se | Remixtures — Fri, 08 May 2009 16:26:34 +0000

[...] Music Group parece ter sido o investimento em serviços de streaming de música online. A editora acaba de declarar como prejuízo mais de metade do seu investimento de 20 milhões de dólares (cerca de 15 milhões [...]

By: Is Warner Music Killing Music Startups

Is Warner Music Killing Music Startups — Fri, 08 May 2009 04:49:08 +0000

[...] Malik | Thursday, May 7, 2009 | 9:49 PM PT | 0 comments Earlier today news emerged that Warner Music Group had taken a $33 million write-down on its investments in startups Lala ($20 [...]

By: Warner MusicいわくImeemに価値はない。しかも回収不能の負債が$4M

Warner MusicいわくImeemに価値はない。しかも回収不能の負債が$4M — Fri, 08 May 2009 01:36:09 +0000

[...] Warner Music Groupは、imeemとLalaの両社に出資しており、もはやどちらにも何の価値もないと考えている。同社は直近の四半期で、imeemへの出資全額とLalaへの出資の半分について評価損を計上した。SECに提出された10Qレポートに書かれた詳細によると、imeemへの投資については$16M（1600万ドル）、Lalaの評価損部分については$11M（1100万ドル）を負担したほか、imeemの回収見込みのない不良債権でも$4M（400万ドル）を負担している。デジタル音楽で合計$33M（3300万ドル）をドブに捨てたことになる。 [...]

By: Warner Music writes off $33M in music startups Imeem, Lala | Newsfed - Aggregate local and tech stories with related videos and tweets!

Thu, 07 May 2009 23:02:47 +0000

[...] Warner could still potentially work out a cheaper streaming licensing deal with imeem, according to MediaMemo. Imeem has also raised a small amount of money, and is starting to see more revenue from [...]

By: The Far Edge » Blog Archive » Warner Music Says Imeem Is Worthless, And Owes It $4 Million Which It Can’t Collect

Thu, 07 May 2009 20:32:05 +0000

[...] an investor in both imeem and Lala, thinks they are no longer worth much, if anything at all. It wrote down its entire investment in imeem and half of its investment in Lala in the most recent quarter. As [...]

By: Warner Music Says Imeem Is Worthless, And Owes It $4 Million Which It Can’t Collect | Viningmedia Nieuws

Thu, 07 May 2009 19:13:01 +0000

By: Warner Music writes off $33 million in music startups Imeem, Lala » VentureBeat

Thu, 07 May 2009 19:07:15 +0000

By: Warner Music Says Imeem Is Worthless, And Owes It $4 Million Which It Can’t Collect | Newsfed - Aggregate local and tech stories with related videos and tweets!

Thu, 07 May 2009 19:01:54 +0000

By: Warner Music Says Imeem Is Worthless, And Owes It $4 Million Which It Can’t Collect | The Good NET Guide

Thu, 07 May 2009 18:41:20 +0000