Submission + - Lastfm bought by CBS (blog.last.fm)
An anonymous reader writes: Ah. another Web 2.0 company, lastfm, bought out by the corporate titans...so much for "user-community driven"??? Will any Web 2.0 startups be satisfied with middle-level community success, or do all Web 2.0 companies demand to be big players up there with MTV and Google, etc — can any real sense of web identity or community exist once companies target themselves towards every single web user, like myspace, as opposed to focusing on smaller audiences, like, perhaps, people who are satisfied with hearing more independent music and searching for things through word of mouth and not thorugh massive advertising campaigns? Does any of this matter?
http://blog.last.fm/2007/05/30/lastfm-acquired-by- cbs
