Streaming Royalties: Last.fm is now offering streaming royalties to unsigned artists. Artists will now recieve royalties if their tracks are randomly streamed or played. Artists can register at www.last.fm/upload.com

“The young musician making music in a bedroom studio has the same chance as the latest major label signing to use Last.fm to build an audience and get rewarded. The Artist Royalty Program is another revolutionary step towards helping musicians take control of their music — and, more importantly, make a living from it,” said Last.fm co-founder Martin Stiksel.

This is true to an extent and it’s a good promotional tool for artists, just remember that bedroom studio records rarely make it out the box. Last.fm isn’t a free ticket to the pearly gates. ‘MAKING IT’ requires great songs, a unique singer, and an incredible live show. If you don’t have the goods, I would skip Last.fm. How many artists broke off of Last.fm?

TRL: Unsigned pop punk act The Friday Night Boys will be appearing on MTV’s TRL today.

The Knitting Factory is Moving: The Knitting Factory in NYC will be moving to Williamsburg, Brooklyn, the former site of the Luna Lounge.

Â