CBS buys Last.fm

by Josh Kimball

The LA Times has the details.

The crazy little music community with the tech department that hates my Mac sells for $280M, despite only about 1/4 of its 16 million users residingin the U.S.

Advertising on Last.fm to be beefed up (ugh) and it would make sense for CBS to contribute significantly to Last.fm’s recent attempts to push into video.