Posted inAnalysis, Insight Reports, Reports-Old

Music Ally Report 342 – Last Orders

In our cover feature, we look at what is going on at Last.fm and how it must evolve to survive. The service recently outsourced its streaming to Spotify and YouTube, two services that symbolically came in its wake. Since its acquisition by CBS in 2007, Last.fm – a pioneer in streaming and big data – has suffered somewhat from organisational schizophrenia and the exit of key staff members. Insiders have also told Music Ally that a deal for it to be bought by Spotify last year fell through. Scrobbling is key to its future, so can the company double down on what it does best and regain its relevance for both consumers and the wider music business?

Posted inAnalysis, News

Before Spotify bought The Echo Nest, it could have snapped up Last.fm

Spotify acquired music data firm The Echo Nest in March in a deal rumoured to be worth $100m. However, the streaming music service had also considered buying another prominent company in that space: Last.fm.

Multiple sources have confirmed to Music Ally that Spotify talked to Last.fm’s parent company CBS about buying the service in the past year or so – although opinions vary on who made the initial approach, and how much interest there really was from the streaming music service.

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