Last.fm Shuts Down Its Streaming Service To Focus On Scrobbling

I never subscribed to Last.fm as I had already bought music for the keeping and owning. Discovering and streaming were not my thing. But now Spotify has sucked all teh air outta the room and Last.fm is closing up shop. I’m beginning to think now that iTunes has streaming/radio available Spotify is going to have to really kick it up a notch to stay relevant and profitable.