Industry news & advice blog

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/

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Tags

last.fm, music streaming, music start-up, online radio, digital music service