Last.fm launches YouTube-based radio to cut down on costs

Pioneering digital music site Last.fm just launched a radio product powered by YouTube videos that will help to keep the music streaming, without adding to Last.fm’s music licensing bill, according to hypebot. Last.fm was one of the first sites to analyze listeners’ music collections and generate personalized radio streams, but the site has been on a steady decline ever since CBS bought it for $280 million in 2007.

Story posted at: hypebot.com

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