• LastFM, M&A, Viacom

    LastFM Founder: No Comment On Viacom Acquisition Rumors

    LastFM’s founder refused to comment on rumors that the online music website was in negotiations to be acquired by Viacom, the blog Vecosys reported this morning. On Tuesday we reported that a well-placed source had told us that Viacom executives and lawyers were in London, where LastFM is based, to negotiate a purchase of LastFM. […]

    / Feb 23, 2007 at 9:01 AM
  • Joost, LastFM

    Viacom On An Online Dealmaking Spree?

    Viacom has jumped into bed with Joost, the Wall Street Journal reported today. Joost is a new internet video service from the creators of Skype and Kaaza. It aims to bring high-resolution, commercial video to users, rather than serve as a video sharing network that would compete with YouTube. The details of the deal haven’t […]

    / Feb 20, 2007 at 12:34 PM
  • LastFM, M&A, rumors

    The Rumor Mill: LastFM Being Picked Up By Viacom

    Viacom executives are in London negotiating the purchase of LastFM, the London based “online social music network” (read: internet radio station), according to a music business source familiar with the negotiations. The purchase price is said to be $450 million dollars. Viacom has been reportedly looking to expand its online presence. Reports have claimed that […]

    / Feb 20, 2007 at 10:40 AM

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