The Last Word from last.fm

Today the news broke that last.fm, the social music site, has signed deals with the four major record company and several indie labels to allow users to listen to full tracks of songs online for free. Users can listen to particular tracks up to three times. Shortly a subscription model will be offered that will allow unlimited playing of tracks online. Perhaps even more interesting is the news that now unsigned artists can post their songs to the site and receive payment when their songs are played. This potentially could allow artists to make money without the need of a record company, which is quite an interesting proposition.

Go check it out and play some Rush!

last.fm