Nick O'Neill

Last.fm For Sale?

Posted by Nick O'Neill on February 23rd, 2007

Last.fm LogoAccording to DealBreaker.com, Last.fm might be sold to Viacom. If so, this would be some huge news. I saw Last.fm present at the Future of Web Apps and they definitely were pitching themselves as a valuable service to record labels. Apparently, the attention data that they are storing in regards to user’s music listening habits is worth $450 million. To be honest, I’m not quite sure that $450 million would be enough, considering that MySpace sold for more than $550 million if my memory serves me correctly. Either way, Last.fm is a prime takeover target for any large record label. If the rumor is wrong this time, I’m sure that we will see it happen sometime soon.

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