Viacom Still Buying Last.fm for $450 Million

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srcset="https://helios-i.mashable.com/imagery/archives/01IERiDhFH2W4TRmFWPjThs/images-1.fill.size_800x384.v1647009549.png 800w, https://helios-i.mashable.com/imagery/archives/01IERiDhFH2W4TRmFWPjThs/images-1.fill.size_1400x672.v1647009549.png 1400w, https://helios-i.mashable.com/imagery/archives/01IERiDhFH2W4TRmFWPjThs/images-1.fill.size_2000x960.v1647009549.png 2000w" sizes="(max-width: 1408px) 100vw, 1408px"> </div> <div class="mt-2 subtitle-2 font-sans "> <span class="normal-case text-gray-1000"></span> <span class="text-gray-600 credit">Credit: </span> </div> </div> <p>Some murmuring in the UK this this week says that Viacom is continuing its <a href="http://mashable.com/2007/02/23/netvibes2go-lastfm-viacom-aggregate-knowledge-myspace-blocked-itlinkz-animeonline-iskoot" target="_self" data-ga-click="1" data-ga-label="$text" data-ga-item="text-link" data-ga-module="content_body">negotiations</a> to buy Last.fm for approximately $450 million - a huge sum, but partly justified by the fact that <a href="http://mashable.com/2006/10/31/lastfm-to-announce-free-mp3s-events-and-more" target="_self" data-ga-click="1" data-ga-label="$text" data-ga-item="text-link" data-ga-module="content_body">Last.fm</a> is really the "<a href="http://mashable.com/2005/12/26/youtube-the-king-of-video-sharing" target="_self" data-ga-click="1" data-ga-label="$text" data-ga-item="text-link" data-ga-module="content_body">YouTube</a> of music" these days.</p><p>The royalty rate hike for online radio stations in the US, which is now being countered by a bill that <a href="http://techdirt.com/articles/20070426/161749.shtml" target="_blank" data-ga-click="1" data-ga-label="$text" data-ga-item="text-link" data-ga-module="content_body" title="(opens in a new window)">aims to overturn it</a>, doesn't seem to have affected the purchase price.</p><p></p> </article> </section> <aside style="width:300px;" class="hidden flex-none 2xl:block" data-ga-module="content_rail"> <div class="sticky top-0 pt-16 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