Gordon Wood mentioned in his article
The potential and use of this medium for organized market reach is even now quite gargantuan. And this will evolve more as mass social media connections become more and more organized.
It seems IMEEM is not going to make it and will be a casualty we will learn from as in demise it is doing the opposite of what is needed by removing the social media connections and eliminating the Photos and VIDEOs part (of which Matt stated was only 1% of IMEEM’s content.
IMEEMs major income of course comes from advertising, and relied on the free stuff to generate traffic. It seems shortsighted now to remove content that bring people to IMEEM especially where such content in their case is widely and socially shared among users.
The community feedback on their decision doesn’t seem good either which will further exasperate their plight. A lot have now threatened to delete their contents and remove their accounts having “lost trust and faith” in IMEEM altogether.
One example is Michael Stamper who as a very large user is known to have stored around 1500 music files, 200 videos, and 100 photos which serve as content and foundation sources of IMEEM revenue. Without these type of users, IMEEM itself doesn’t have “physical” asset to help generate its revenue and will surely fail
This may be another text book case of predicable history of large corporate mistake that lead to a posthumous reviews and more loss of confidence of both investors and users alike. Whether IMEEM will make it now remains to be seen with such decisions that impact so squarely on their user community.