Online music is hard: iLike shuts down

iLike was once the most popular music application of Facebook, with close to 10 million active users generating 1.5 billion page views per month. On Tuesday, it finally shut down. Its demise proves once again that online music is a tough business to be in.

Confirmed: MySpace to Acquire iLike

MySpace logoMySpace (s nws) CEO Owen Van Natta has confirmed that the social network will acquire popular music discovery application iLike, marking the beleaguered company’s first big move towards reverting back to its roots as a niche site for music and entertainment.
On his first conference call as CEO of MySpace, Van Natta said iLike will remain separate from the company’s MySpace Music venture and that it hopes to extend iLike’s technology past music into other entertainment categories, such as gaming. iLike’s recommendation engine for new music was a feature that “could apply to a number of different of areas across MySpace,” he said. Read More about Confirmed: MySpace to Acquire iLike

More On MySpace’s Try To Buy iLike

MySpace could acquire once white-hot music service iLike today — and, then again, it might not. TechCrunch had a just-about-done deal yeste…