Is MySpace About to Own the Biggest Music App on Facebook?
In what could be an ironic turn of events, iLike, the developer of the largest music application on the Facebook Platform with nearly 10 million monthly active users and one of the two applications formerly deemed “Great Apps” by Facebook, may soon be owned by MySpace, according to TechCrunch. paidContent confirms the talks.
Rumors are the deal is in the $20 million range and may close this week. If that number seems low, it is – iLike was valued at $53 million during its last round of funding in 2006, and has raised a total of $16.5
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