Submission + - last.fm bought by CBS for $280m
megla writes: The BBC is reporting that last.fm has been purchased by CBS for the princely sum of $280m — not quite up to Gootube levels, but fairly significant.
While the article quotes founding member Martin Stiksel as saying it's "an exciting opportunity", I can't help but feel that not all the 15 million users will agree with the effects of commercialization.
As yet their seems to be no announcement on the last.fm website.
While the article quotes founding member Martin Stiksel as saying it's "an exciting opportunity", I can't help but feel that not all the 15 million users will agree with the effects of commercialization.
As yet their seems to be no announcement on the last.fm website.