CBS Confirms Purchase of Last.fm, $280 Million Deal

CBS has now purchased Last.fm for the lofty buyout price of $280 million (141 million pounds), according to information disclosed Wednesday. The move mints a fresh class of internet millionaires, and underscores the premiums that younger demographics can attract.  The all-cash deal gives CBS access to a userbase that now exceeds 15 million, according to … Continue reading CBS Confirms Purchase of Last.fm, $280 Million Deal