ILike

Last updated
iLike
ILike logo.gif
ILike Home.png
Type of business Subsidiary
Type of site
Social network service
FoundedOctober 2006;17 years ago (2006-10)
Dissolved 2012 (2012)
Headquarters
Owner MySpace
Key people Ali Partovi, CEO and Founder
Hadi Partovi, President and Founder
URL www.ilike.com [ dead link ]
Current statusDefunct

iLike was an online service that allowed users to download and share music. Founded by brothers Ali Partovi and Hadi Partovi, the website made use of a sidebar that is used with Apple's iTunes or Microsoft's Windows Media Player. The program and sidebar are not required to use the site but allow for ease in discovering new artists. The site attracted around half a million users in the first four months after it was launched. According to the latest statements by the company, over 60 million consumers registered to use iLike either directly on iLike.com or using the apps built by iLike for third-party social networks such as Facebook. iLike also built a "post-once publish-everywhere" dashboard for artists – major label artists as well as independent artists. [1]

Contents

In October 2007, iLike announced that it was teaming up with Billboard to create new charts that display the week's top 25 "most added" songs to personal music libraries. [2]

On August 19, 2009, it was announced that MySpace was to acquire iLike. [3] [4]

As of February 7, 2012, the iLike website has been closed and instead redirects users to a special MySpace Music page which displays a banner announcing the closure. [5]

Funding

iLike received private funding from contributors including Ticketmaster, Khosla Ventures, Bob Pittman as well as various other investors. [6]

Facebook Application

iLike had a free Facebook application which allowed users to play clips of music they like on their profile, show concerts they are going to and play a music trivia quiz. The application had great success after its release, making it one of the most popular applications on the Facebook Platform. As of November 2007, iLike had more than 15 million users. [7] With the launch of Facebook Pages, iLike created pages for bands. A similar feature was also available for the Bebo network.

In April 2009, iLike renamed this application to simply "Music" to maintain consistency with other Facebook apps.

The website and Facebook app no longer exist.

Acquisition talks by Apple

In 2008, iLike's founders were in talks for Apple to acquire it. Ali Partovi, Hadi Partovi, and Nat Brown from iLike met with Steve Jobs and Eddy Cue from Apple. Jobs was impressed by the product and team, and offered to buy the company for $50 million. Ali Partovi insisted "I think ... I know we’re worth three times as much," a deception that Jobs' picked up on and caused negotiations to end. [8] [9] In 2009, iLike sold for a lower valuation to MySpace.

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References

  1. "iLike Growing Quickly, Still Trailing Last.fm". 28 February 2007.
  2. "iLike Press Releases: Billboard and iLike Collaborate to Produce the First-Ever Social Media Based Music Charts". Archived from the original on 2011-08-12. Retrieved 2011-04-02.
  3. "MySpace Press Room Official MySpace Profile". www.myspace.com. Archived from the original on 2009-08-28.
  4. "Archived copy". Archived from the original on 2009-08-21. Retrieved 2009-08-20.{{cite web}}: CS1 maint: archived copy as title (link)
  5. "Featured Content on Myspace".
  6. "iLike company information page". Archived from the original on 2008-03-01. Retrieved 2008-03-03.
  7. "Facebook | iLike". Facebook .
  8. "Post by Ali Partovi". Facebook. Retrieved 2021-10-11.
  9. "Tweet by Ali Partovi". Twitter. Retrieved 2021-10-11.