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MTV

The iLike sale

August 19, 2009

in Media,Technology

iLike’s sale to MySpace, announced earlier this week merits comments on a couple of points. First, it’s fire sale time. At roughly $20 million, this represents a new low for music-based valuations. In halcyon days, we had seen the prices climb. From Real’s $36 million acquisition of Listen.com in 2003, to Yahoo’s 2004 $160 million [...]

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