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MySpace is feeling musical, reportedly nearing a deal to acquire music-streaming service iMeem following its August acquisition of iLike, TechCrunch reported.
TechCrunch points out that iMeem and MySpace Music were among the last free streaming services in the United States, and the latter will reportedly be forced to adopt a subscription-based model in order to manage costs.
iMeem had 16 million unique visitors worldwide in September, according to comScore.
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