Last.fm Inks Deal With Sony/BMG
Last.fm, the U.K.-based online music-recommendation service, has inked a content deal with Sony/BMG Music Entertainment. As the third major to sign up, Sony/BMG joins EMI and Warner Music Group that have made deal with Last.fm to allow recordings by their artists to be streamed on Last.fm. Works handled by online-music aggregators such as the Orchard and IODA are also cleared for use on Last.fm.
Subscribers can listen to tracks and then buy downloadable versions via online music stores such as Amazon and 7digital. Last.fm hit the news headlines recently when it was sold to U.S.-media group CBS for $284 million.