Imeem is now part of My Space Music

I notice that my imeem players in the web became a small ad on the web... I didnt pay any attention on that matters at that time.. Today I try to visit my imeem page, and its redirecting to "my space website". I've read the message that tells "Imeem is now part of My Space music" I wonder why and when? Maybe Imeem lose all their pageviews and clicks.....