Last.fm Puts Pay Wall Around Streams In Some Markets

Fifteen months after it first announced the feature, Last.fm is finally introducing a premium subscription model worth its name, as it tries to generate enough money to both pay royalties and satisfy its owner CBS (NYSE: CBS) Interactive.

The music site made a song and dance back in January 2008, when it announced users would get to stream more than three full tracks in a row under an upcoming subscription model. But the model never materialized. Today, co-founder Richard Jones confirmed Last.fm will, beginning March 30, charge