Apple to Buy LaLa.com
| December 14, 2009 | Posted by Alyssa Duval under Apple, iPhone, iPod, Tech News |
It has been reported that Apple is buying the website LaLa.com. LaLa is a site devoted to streaming and downloading music. This is a move that would help flesh out Apple’s music division, but whether it is a good move for the company is yet to be seen.
LaLa currently charges about 89 cents to download a song, or just 10 cents for a streaming only version. An entire album can be streamed for a dollar. Apple admits that the company isn’t expected to be especially profitable in the beginning, but stresses that the purchase was made to get the “brains” behind LaLa more so than the website itself.
In the meantime, they face some stiff competition from the likes of Pandora, Grooveshark, and Rhapsody, just to name a few.
53 Responses to Apple to Buy LaLa.com
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