ethos writes: "On the heels of amazon's new digital store and the demise of virgin's DRM laden effort comes the news that social media site imeem.com has inked a deal with Sony/BMG to allow the use of their music on imeem. Imeem has been running their 'youtube for everything' website for over a year and recently added Warner brothers music to their repetoire in addition to the usual list of indie labels that these internet ventures inevitably acquire. imeem differs from other online music sites because the tracks are uploaded by users and after upload imeem figures out which organizations own the copyright and whether they have allowed imeem to stream the music and in exchange the copyright holders get a cut of the advertising generated by the website. Because the music is uploaded by users the quality is variable, but it appears to be CD quality at best, unlike the typical low quality streams that some stream only sites used to offer, it certainly seems like an innovative approach, but there are still gaps in their selection as no deal has yet been made with the other major labels."
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