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AOL users gain access to Last.fm’s Free-On-Demand Service and Groundbreaking Interactive Music Discovery Features

Partnership Complements Recent Deal Between AOL and CBS Radio in the U.S.

London, 7 May 2008 – AOL and Last.fm today announced a partnership whereby Last.fm will power the relaunch of AOL Europe’s online radio platform.

The engagement of AOL Radio users with Last.fm’s 21 million global visitors, will create a truly powerful online music community. The service is initially available in France, Germany and the UK with plans to roll out across Europe in the coming months.

AOL Radio users will benefit from a host of exciting new features and engaging multi media options. The Last.fm powered site (radio.aol.co.uk) allows AOL users to search for artists and listen to a continuous stream of their music or that from similar artists.

Last.fm will enable AOL Radio users in Germany and the UK to repeatedly listen to any track they hear via Last.fm’s free-on-demand service.

Launched in January, the service offers music fans access to millions of tracks for full-length streaming. AOL Radio users also have the option of launching their own stations based on an extensive range of music genres.

Alongside the streamed music stations, AOL Radio listeners will have access to extra content including videos, pictures and event listings, and discover new music through the recommendations of other users.

Commenting on the deal for AOL, Jonathan Lister, SVP of European Operations, said: “I am thrilled that this partnership will enable AOL’s users to discover and actively engage with new music and genres – thus creating an online community of music fans that spans the globe.”

With regards to AOL’s content strategy he went on to say “Monetising great content is key to AOL’s success. The rich engagement that users have with this site allows us to maximise the revenue potential available.”

Martin Stiksel, Last.fm co-founder, said: “We’re enormously excited to be teaming up with AOL in Europe to power their online radio platform. We can offer a unique music discovery and listen-again service with the millions of tracks in our catalogue, allowing us to bring groundbreaking interactivity to online radio sites like AOL’s.

We’re pleased AOL has recognised that the unparalleled music experience we offer is the future for online radio.”

Today’s announcement complements a recently announced deal between AOL and CBS Radio in the U.S., effectively resulting in AOL, Last.fm and CBS Radio delivering the largest online listening audience in the world.

About Last.fm

Founded in 2002, Last.fm is a free global music site with the world’s largest licensed music catalog. Last.fm, which is owned by CBS Corporation, can offer music fans millions of tracks in every genre for free-on-demand streaming thanks to partnerships with Universal, EMI, Warner Music Group, Sony BMG, CD Baby, independent aggregators The Orchard and IODA, and more than 150,000 independent artists and labels – without the need to sign up or download any software. As well as being able to access tracks for free – a service which has seen Last.fm become the fastest-growing free online music network in the U.S. – music fans can also share their music preferences by linking their media player to the Last.fm database.

As a result, Last.fm can intelligently recommend songs, artists, local concerts and even other members based on their musical tastes. Last.fm also supports unsigned artists by offering them an unprecedented Artist Royalty program through which they can earn revenue directly from Last.fm every time their music is streamed. Learn more about Last.fm at www.last.fm.

About AOL

AOL is a leading provider of digital communications and content to UK consumers. The AOL service and website deliver a range of market-leading online content, including music, film, sport, news, shopping and community, as well as email, instant messenger, VOIP, safety and security features.

AOL is also one of the leading online destinations for advertisers in the UK. AOL UK is part of AOL Europe, a business unit of AOL LLC, which operates a leading network of Web brands and is a majority-owned subsidiary of Time Warner Inc.

For more information please contact:

Monument PR
Marc Ambasna-Jones
+44 (0) 1225 580141
marc@monumentpr.com

Mat Fordy
+44 (0)207 953 3800
matf@monumentpr.com

Last.fm
Christian Ward
+44 (0) 20 7780 7080
Christian@Last.fm

AOL
Thomas Knorpp
+44 (0)20 7348 8726
Thomas.Knorpp@corp.aol.com

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