Crazy how the Artpop era had a decent start. Poor Gaga, firing Troy Carter was a terrible mistake. The album wasn't even out yet. Oh well, bye pop, guess she's a jazz chanteuse now.
Last.fm recorded a loss of £2.1 million ($3.4 million) in 2013, as revenues slumped by more than 20 percent year-on-year from £6.4 million ($10.3 million) to £4.9 million ($7.9 million). In line with the fall in sales, staff numbers at the CBS-owned, London-based company fell from 61 to 35 over the same period, with the majority of staff redundancies coming from technical roles.
According to the company's latest set of financial results, published by Companies House, advertising revenues generated by the music service last year fell to £3.5 million ($5.7 million), down from £4.3 million ($7.0 million) in 2012. Subscription revenues also dropped to £1.1 million ($1.8 million) in 2013, down from £1.6 million ($2.6 million) in 2012.
Oh no. I don't want last.fm to get shut down. I think it's going to happen within 3 years. Nooo.
well at least you spared your ears.
I think it's going to happen within 3 years. Nooo.