A social media service, Imeem has finally acquired what is left of Snocap, an end-to-end provider of digital licensing and copyright management services. The terms of the deal were not disclosed.
Snocap was started by Shawn Fanning (best known for creating the Napster music service) in 2002.
It has started to cooperate with Imeem since 2007 to track music being played on the site and share ad revenue with artists and labels.
But in 2007 the company faced a number of problems that led to dismissal of approximately 60% of the workforce. There appeared the first rumors that the company was for sale.
Most EU countries are allied with US-dominated NATO - a killing machine involved in smashing one sovereign state after another. It's responsible for vast destruction, millions of casualties, and appalling human misery from the rape of Yugoslavia and post-9/11 US-led wars of aggression - based on Big Lies and deception.