Is Imeem going to MySpace?

Is Imeem going to MySpace?: "Imeem is a start-up with a great service (free online music!), lots of users (15 million, according to Quantcast), and a compelling story. Unfortunately, it's pretty darn hard to make it in the online music business. The start-up has struggled this year, because of a poor advertising market and high licensing fees owed to the record companies (these fees have been a