Posts Tagged with ‘15-million’

Last.fm Purchased By CBS Corp For $280 Million

Paul Glazowski

Last.fm, the self-described “social music revolution,” has been acquired by “US media giant CBS Corporation for $280m, the largest-ever…Web 2.0 acquisition” in the UK.
The service, built to provide music fans worldwide with a base of fellow audiophiles with which to share favorite tunes and discover new ones easily, has in five years amassed a usership of “more than 15 million” people, making it a clearly desirable property – in this instance desirable for a business that has only recently (publicly) [...]