Though iLike rose to fame thanks to an app on Facebook, TechCrunch reports that the music service is about to be sold to one-time rival MySpace.
The music service has supported itself mostly through ad sales but will try its hand at selling music downloads.
If someone wants to share a playlist with you, why should you have to be subjected to a barrage of things you have no interest in?
CEO Owen Van Natta said in a conference call that the News Corp.-owned social network has agreed to purchase the social music site, following rumors.
The company name remains the same, but its Facebook app's moniker now reflects, well, the focus of the service.
iLike is a music discovery service and a social network.
At the Myspace Developer Platform launch party, we look at some of the new apps.
iLike -- the company behind the most popular application on Facebook -- is set to be acquired by the 'book's largest rival, MySpace, in a deal rumoured to be worth $20m
It's not confirmed yet, but one high-level music industry source says iLike may bring downloads to Facebook via its app as soon as this week.
Sources say iLike's dependence on Facebook is partially to blame for music service's small valuation. Is this a warning for third-party platform developers?