New York
- CBS-owned (NYSE: CBS) music discovery service Last.fm said on Wednesday that, since it
launched free full-song streaming on its site in January, overall CD and
download sales through its partnership with Amazon.com (NASD: AMZN) are up 119%. The free
streaming feature has also fueled a 66% increase in album and tracks purchased
at Amazon from existing Last.fm users. "In just over two months it's
become clear that people will buy CDs and downloads if they get access to the
kind of service we offer," said Last.fm co-founder Martin Stiksel, who
added that minutes spent on site are also up 118% month-on-month.
Related Links:
http://snipurl.com/23yjk
http://www.last.fm
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