CBS


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.

CBS Cuts a Deal with Brightcove

Once again, CBS demonstrates its growing understanding of how to benefit from online video distribution through multiple channels. They’re announcing a deal with Brightcove on Wednesday. Brightcove’s Jeremy Allaire explains the arrangement.

(Via Pete Cashmore.)