CBS buys online music site Last.fm for $280 mln
10061
CBS Corp. said on Wednesday it  has purchased Last.fm, the online music service that allows  fans with similar tastes to connect, for $280 million in a bid  to attract young audiences.
393058
Building a musical empire, despite DRM Last.fm, the popular music website, is to apply its social recommendation technology to video, as it prepares to do battle with Pandora for the internet radio station market.â¦
148231
Viacom Inc.'s MTV Networks said Friday it will buy Harmonix Music Systems Inc., a developer of music-themed video games, for $175 million in cash.
333426
Music publishers and U.S. commercial  radio station owners said on Monday they had agreed to a new  $1.7 billion deal to cover licensing rights for music played  over radio airwaves or via radio station Web sites.
639554
MarketWatch, which owns the financial news site CBS MarketWatch.com Web site, has agreed to be bought by Dow Jones &amp; Co. for $520 million, MarketWatch announced Sunday.
766139
CHICAGO (CBS.MW) -- In another move toward online media by an old-line company, The Washington Post Co. is buying Web magazine pioneer Slate from Microsoft Corp.
32781
update The American Society of Composers, Authors and Publishers announced Monday that it has reached a $1.7 billion deal with the Radio Music License Committee to let stations legally stream their on-air content over the Internet.
504723
Yahoo Inc. said on Tuesday it will  buy music software company Musicmatch Inc. for about $160  million in cash, bolstering Yahoo's offering as online music  providers prepare to go head-to-head in the download market.
373273
RealNetworks Inc. (RNWK) is ending a temporary promotion that slashed the price of its downloadable songs to 49 cents, but bargain hunters will still be able to find some deals at its online music store...
731871
(InfoWorld) - News Corp. and VeriSign Inc. will create a joint venture to provide entertainment materials, such as ringtones, video clips, and graphics, to a potential audience of over 1 billion mobile phone users worldwide. To form the new company, News Corp. will buy for about US$188 million a controlling interest in VeriSign's Jamba subsidiary, a provider of mobile entertainment, the companies announced Tuesday. Founded in 2000, Jamba was acquired by VeriSign in mid-2004 for about $273 million. News Corp. will combine Jamba with assets from its own Fox Mobile Entertainment unit to create the joint venture, which will continue using the Jamster brand in the U.S. and the Jamba brand worldwide. The joint venture will distribute entertainment materials from music and media companies, as well as create original content. It will release its first products "soon" after the expected close of the deal by the end of this year. The joint venture' first two releases will be a mobile store for News Corp.'s MySpace social networking Web site and mobile material from News Corp.'s animated television series "The Simpsons," such as video, screensavers and ringtones. For News Corp., this deal continues its aggressive move into the online space, which included spending over half a billion dollars last year to acquire MySpace and other Web sites owned by Intermix Media Inc. As handsets become more sophisticated and mobile communications improve, mobile phone users are increasingly demanding content and services previously limited to PCs. Media companies like News Corp., as well as Internet giants like Google Inc. and Yahoo Inc., are busy finding ways to deliver their content and services to mobile devices. They see the mobile space as the next frontier for Internet services and digital media, supported by subscription fees and advertising revenue.
703306
CBS revamps the online music service, turning into what it calls "the world's biggest jukebox." The first three plays are free.
123665
CBS Corp (CBSa.N) said on Friday it is  launching a new music label as part of an effort to supply its  television shows with less expensive music. At the same time,  the television programs would promote the new acts signed by  the label, dubbed CBS Records.
126121
$5/month Web-based service will deliver the songs without commercial interruption.
43102
Media giant Viacom Inc. said Thursday that it is buying a Sacramento, Calif., CBS affiliate from Sinclair Broadcast Group for $285 million.
332345
MTV Networks  of New York has announced plans to buy video game maker Harmonix Music Systems Inc. for $175 million in cash.
205836
MySpace, a website considered the hip place to socialize online, announced it will enable members to sell their music.
402947
CBS Corp.  said on Friday it  will revive its storied CBS Records music label to supply its  television shows with less expensive music and to generate  digital sales.