Last.fm (aka CBS) has finally thrown in the towel on free music. Well, I’m not going with them. It’s not that Last.fm sucks; they still offer a great service, one that *might* be worth the subscription fee, even. But for those of us who are trying to give music away for free, there’s simply no place for us on their platform.
It seems that ever since the CBS acquisition in twenty-ought-seven (and likely before that event), Last.fm has been stepping back from its potential to act as a listener and creator driven platform for sharing music. Call me old fashioned, but the listeners and musicians ought to be able to set the terms for their exchanges.
For those who forget, over the past few years, Last.fm (like many successful B2C web enterprises) tested out various revenue strategies on their audiences, in small increments – by introducing a (scandalous) royalty sharing agreement, by increasing the amount of advertising on artists’ pages, and even introducing ad revenue sharing for artists. I suppose none of these efforts eventually generated sufficient revenue to sustain it as a viable division within CBS.
Whatever. Not my problem anymore. Everything in the Simulacre catalogue (A Spectre Is Haunting Europe, Dupobs, and a few new as-yet-unannounced projects) will still be available on other free music-capable platforms (including the mighty Reverbnation, but I’ll go scoping out more of them). And of course, up until March 30 (when Last.fm formally implements its subscription fees in most countries), you’re still free to download any of our music for free there, chat about it, and suchlike. After that, those conversations contained on last.fm (really the glue that binds its circulation structure together) will necessarily have to migrate with us.
Indeed, it seems it does matter who owns what in Music 2.0.
At least CBS doesn’t own me (a government and a few banks do, but that’s another story).