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Last.fm bought for $280m by CBS
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Written by Danrok   
Wednesday, 30 May 2007 12:53

London based Last.fm has been purchased by CBS for $280m.

The Last.fm website creates a custom online radio channel for a user, with a playlist based upon their likes in music. It is expected that they are now likely to introduce a new version which will work on mobile devices.

The high price tag makes this the most ever paid for a Web 2.0 type enterprise.

Further news on this here.

Discuss in the forum.

 

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