# Last.fm and CBS

- Author: Joichi Ito
- Date: 2007-05-30T14:45:01Z


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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#### Categories

Music, Venture Capital