Last.fm's Stand Against Satellite Radio: "The good news is that it may get a whole lot easier to get the merger between the two companies approved, after this morning's announcement that online radio service Last.fm will offer free streaming music from all four major labels and countless indies. A program is also in place to monetize uploads from unsigned artists.
The bad news? I just told you. Last.fm, bought by CBS (NYSE: CBS) in a $280 million deal last year, is providing on-demand delivery of its growing digital library for free."