According to an entry on the Last.fm blog, the company has gotten clearance to stream full tracks—for free(!)—from their website. Every single stream of a song will result in a payment directly to the artist, no middle men and no b.s. Pretty cool. The only downside is the streams are not unlimited.
There are a lot of details in their blog post, but basically they got all the record labels involved--majors, minors, and independents--to agree to it based on a subscription service they're going to roll out soon. During the interim you can stream each song three times and then a message is supposed to inform you about the subscription service. I'm not sure what is supposed to happen after that, but I tried it and no message about the subscription popped up and it definitely wouldn't let me listen a fourth time. I just got the old "Oops, we had a problem connecting" error message.
Anyway, when the subscription service is up and running, you'll get unlimited streams for a monthly fee. No word on what the fee will be or if non-subscribers will still be able to get three free streams. I'm pretty sure the standard scrobbling will continue. It would be suicide for them to dump that.
I like Last.fm and use it a lot, along with the desktop scrobbler. If you like music--and if you're here it's reasonable that you do--you should check it out.
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