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[OT] CBS Aquires Last.FM

Colin Colehour [PersonRank 10]

Wednesday, May 30, 2007
11 years ago1,588 views

CBS has aquired Last.FM in a $280 Million Acquisition.

"CBS Corporation (NYSE: CBS.A and CBS) has acquired Last.fm, a global, community-based, music discovery network, it was announced today by Leslie Moonves, President and CEO of CBS Corporation. CBS purchased the property which is one of the largest social platforms online for $280 million in cash. Last.fm currently has more than 15 million active users in more than 200 countries. This acquisition follows a number of CBS Interactive announcements including the purchase of Wallstrip.com, investments in Joost and Spot Runner and the recent expansion of the CBS Audience Network to include a total of 25 online partners."

cbscorporation.com/news/prdeta ...

TOMHTML [PersonRank 10]

11 years ago #

And MySpace acquires Photobucket!
so many acquisitions... at the end, only one will survive... :-)

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