Report: imeem Leapfrogs Yahoo to Become Top Music Streamer

Authored by Mark Hefflinger on May 13, 2008 - 10:11am.

Los Angeles - Social music service imeem has surpassed Yahoo (NASD: YHOO) to become the top streaming music service, claiming 10.3 million unique visitors in March, Wired.com reported, citing data from analytics firm Compete.

Traffic to imeem, which recently signed deals allowing it to stream songs from all four major labels, was up 58% over a year ago, while Yahoo's was down 14%, to 9.66 million unique visitors.

The shrinking audience for Yahoo's streaming music service can also be explained when seen in light of the launches of unique new services in the past year, such as Jango, Deezer, Songza and Muxtape, which all made the top 20.

Rounding out the top 10 of Compete's list, beneath imeem and Yahoo, were AOL; MySpace; Project Playlist; MSN; blogs aggregated by The Hype Machine; Pandora; iLike; and Last.fm.

 

Related Links:
http://snipurl.com/28pxu (Compete)

http://blog.wired.com/music/2008/05/imeem-unseats-y.html



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