Last.fm Launches Largest Global Free-On-Demand Music Platform

Last.fm Launches Largest Global Free-On-Demand Music Platform

23 January 2008

At the same time, Last.fm is launching an unprecedented "Artist Royalty" arrangement, whereby those artists not signed with a label who choose to upload their music to Last.fm will receive payment, directly from Last.fm, every time one of their tracks is played.
Glad to hear it: our friends at Last.fm are doing quite well. btw. I wouldn't say "unprecedented" because Imeem already does this royalty sharing. So does Napster actually. I make small steady royalty money from Napster, but its not a free service. And there are a few video sites that do it. But maybe they don't call them "royalties". http://money.cnn.com/news/newsfeeds/articles/prnewswire/NYW09923012008-1.htm

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