There is quite a controversy building around whether CBS-owned Last.fm is an eventual replacement for terrestrial radio.
The Motley Fool investors publication says Last.fm could mean the end of radio.
Kurt Hanson, who I respect more on these issues, says wait one minute -- Last.fm isn't even radio.
It's an interesting prospect either way. To bring you up to date the four major record labels have cut a deal with Last.fm to get a penny or so for every time a young consumer goes to Last.fm and requests a song. Hanson points out, "Going to a website and saying
Recent Posts
- Radio's New Global Capital Play
- Why Billionaires Keep Buying Dying Linear Media
- How Radio Is Dealing with Fake AI Music
- How to Make Pittman & Berner Money
- A Third Cumulus Bankruptcy?
- Beasley’s New Re-fi Drama
- Astonishing “Going Concern” Verdicts
- iHeart’s SiriusXM Non-Merger
- iHeart/SiriusXM Merger -- Seriously?
- Beasley Restructuring Reality Check