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CBS Buys Last.fm for $280 Million

After buying an online video show for its superdistribution, CBS now buys a music-sharing service for its community-building. They just bought Last.fm for $280 million, cash. Quite fitting, really, since CBS ran the first commercial radio station in the US.

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This entry was posted on Thursday, May 31st, 2007 at 3:08 am and is filed under Music. You can follow any responses to this entry through the RSS feed. You can leave a response, or trackback from your own site.

2 Responses to “CBS Buys Last.fm for $280 Million”

  1. 1
    issai Says:
    May 31st, 2007 at 4:49 am

    is that a typo on the title? $480 vs $280

  2. 2
    Mike Abundo Says:
    May 31st, 2007 at 11:46 am

    I really should stop blogging at 2am, Issai. Fixed. :)

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