Joi Ito's Web

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Last.fm and CBS »

Joichi Ito
May 30, 2007 - 14:45 UTC »

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Congrats and "Good job!" to CBS and the Last.fm team! CBS and Last.fm announced that CBS will be acquiring Last.fm for $280 million. I think it's a good fit and the team seems happy with the deal. Last.fm have blogged about it and CBS has an announcement.

I was an angel investor and a series A investor in Last.fm.

UPDATE: BBC has a good article - Social music site Last.fm has been bought by US media giant CBS Corporation for $280m (£140m), the largest-ever UK Web 2.0 acquisition.

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5 Comments & Trackback

5 Comments

01. Gerard van schip - May 30, 2007 - 14:00

W00000T!!! I have been using last.fm since time it was just the, often offline, audioscrobbler. They really deserve this, way to go.

02. Antti - May 30, 2007 - 15:18

Congrats to CBS, last.fm team and you Joi! Good job!

03. Paul Kim - May 30, 2007 - 18:51

Congrats Joi. A very satisfied last.fm user here - 10K tracks scrobbled so far!

04. James Seng - May 30, 2007 - 22:31

Wow. congz :)