Last.FM has some interesting announcements on their blog. First of all, they’ve signed up with 4 major record labels and they have come up with a new business model which directly pays unsigned artists for every song that is streamed on Last.FM.
Users can now play full-length songs or even albums for free, but only up to 3 times. Once you listen to a song three times, a popup tells you about their upcoming subscription services which will give you unlimited access to music on Last.FM.
Users from US, UK and Germany can start listening to full-length songs right away. Others need to wait until Last.FM expands their coverage.
Since users can listen to full-length songs upto three times, and artists and labels get paid for every song streamed by the user, I think this announcement from Last.FM will be welcomed by users and artists alike.

wrote, on January 25th, 2008
[...] music player now! Posted in Web Applications | When the whole blogosphere is buzzing around Last.Fm’s free music offer and how Songza has added 28 million songs in it’s index, I got to hear about another product, [...]
wrote, on January 29th, 2008
Hmm, this looks good but….. when is it coming to pakistan?
wrote, on January 29th, 2008
3 times for playing a full length songs seems to be a good deal! If you play it 3 times, you may love it consider buying the song. Nice!