iLike is looking for a buyer

The iLike startup, which has become the de facto standard for finding music on iTunes and Facebook, was considered one of the most promising Web 2.0 projects. However, the general crisis has affected him. According to rumors from numerous sources , now the managers of the company are frantically searching for a buyer who could save them from ruin.

The iLike recommendation service is familiar to many of us: it is he who provides the sidebar in iTunes , with which you can find new musicians in about the same style as the bands that you like. The service works really well, and with its help many have discovered previously unknown performers. On Facebook, the iLike gadget is used by more than 5.4 million people (this is an active monthly audience). However, the startup has not found any effective ways to make a profit.

At the moment, the largest investor of iLike is Ticketmaster (25% of shares), the rest belongs to much less. All investors in the amount invested in the project about $ 16 million over two years.
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While there is no information at what price iLike is trying to sell. Among the most likely buyers are the same Ticketmaster, RealNetworks or Facebook. Apple for some reason is not listed among the candidates.