CBS Interactive Inc. (formerly CBS Digital Media Group) is an American media company and is a division of the CBS Corporation. It is an online content network for information and entertainment. Its websites cover news, sports, entertainment, technology and business. It is headed by Jim Lanzone. CBS Interactive coordinates with CBS Network Sales to bring together ad sales operations, as well as the Corporations television, sports, and news groups, who will continue to be involved in program development. On May 30, 2007, CBS Interactive acquired Last.fm for £140 million (US$280 million).