Last.fm posts £4.4m pre-tax loss for 2011

Last.fm has posted a £4.4m pre-tax loss for 2011,with a slight 1.7% increase in total revenues in 2011 from £7.99m to £8.1m

The company made just more than £4m in the UK, accounting for just over 50% of global revenues - up 4.88% YoY. However, in the US revenues fell 4.3% to £2.98m. Revenue from the rest of the world came in at just under £1m.

According to The Guardian total advertising sales revenues, which account for 70% of Last.FM's ...

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