Last.fm not out of the woods yet
News: 7th December 2010 by Louise Dodgson under Media, Selling & Distributing Your Music
Last.fm still seem to be having some financial difficulties, although there is some definite improvement on their 2008 figures. However, being down £2.84 million is still quite a lot! And to make matters worse the streaming radio site closed 2009 with net liabilities of £22.24 million. Yikes! Let's hope Last.fm can keep pushing forward and pull themselves into profit.
Related Links
http://mashable.com/2010/12/03/last-fm-financials/
http://musically.com/blog/2010/12/03/last-fm-reveals-28m-loss-for-2009/
Tags
last.fm, music streaming, music start-up, online radio, digital music service