02/08: WMG and Last.fm Agree to Deal
From
Reuters UK:
Warner Music Group has signed a deal to allow its entire catalogue to be played over the fast-growing social networking music service Last.fm, the innovative site that links music fans to new and old hits.
With more than 15 million active users per month, Last.fm has earned glowing praise for its system which recommends songs by tracking a listener's music-playing habits and automatically linking them to fans with similar tastes.
The deal with Warner, the world's fourth-largest music company, is the first with one of the major labels and the network's co-founder Martin Stiksel said they were in talks with the other three major labels and content holders.
Via
Ryan Sullivan.
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