Warner Music Group has pulled its content from CBS’s on-demand streaming music service Last.fm…and, of course, the disagreement is all about money. Warner Music Group was the first major music label to sign a distribution agreement with Last.fm back in February 2007, and has been letting the streaming service carry music from its catalog on a month-to-month basis.
Last year, broadcast network CBS purchased Last.fm for some $280 million. In a statement, CBS said, “We are currently negotiating a new agreement with Warner Music Group and are working hard to build the most comprehensive music service on the Web.” Last.fm still has distribution deals with EMI, Universal, and Sony BMG.
