Last.fm on the charge
Pumped up with 280 million dollars by CBS my favorite music site last.fm is going into the "new artist promotion" territory occupied by myspace. Artists or labels can now upload video and audio to last.fm servers with its Promote Your Music program. Developed as a software to match music taste of users to new artists, I believe last.fm has a competetive advantage over myspace. It will be interesting to watch if this technological -and stylistic in my opinion- advantage will suffice last.fm to penetrate myspace territory.