Acquired by Myspace
Industries MusicSocial MediaHeadquarters Regions Greater Seattle Area, West Coast, Western US Closed Date 2012 Founded Date 2002 Founders Ali Partovi, Hadi Partovi, Patrick Koppula Operating Status Closed Last Funding Type Venture - Series Unknown
Company Type For Profit
Born out of Garageband.com, iLike is a social music discovery site. Valued at $53.2 million in December of 2006, iLike has been funded by the likes of former MTV CEO Bob Pittman and at the time of the valuation, by Ticketmaster (IAC) which took control of 25% of the company for $13.3 million.
According to iLike, it promotes music democracy by
exposing artists that users have not heard of, but may like according to their listening habits. Similar to Last.fm, iLike catalogs what you listen to through iTunes (and now other players) with a downloadable application. What users listen to on itunes shows up in their iLike profile in categories defined by quantity and how recent a song has been played. In addition to displaying your own listening information, iLike tries to match you up with other iLike users who have similar tastes in music.
iLike has links to buy songs or albums from Amazon and iTunes, but also offers free downloads from many independent musicians.
Transaction Name iLike acquired by MyspaceAcquired by MyspaceAnnounced Date Aug 17, 2009 Price $20M