Posts tagged: Lala

Lights Off For Lala

Apple is shutting down on May 31 Lala, the streaming music service provider it just acquired last December. This is no new story. We’ve seen start-up acts get big, get acquired by bigger companies and are eventually dumped. The reason could either be of one of these – 1) the big company wants to get rid of new players and 2) the big company needs the smaller company’s service or product and just improves it to gain more revenue. Which of these could be Apple’s reason? Rumors are the Cupertino company will add streaming service to the iTunes to enable users to stream their purchased content to multiple play-out devices of their choice. Whether this is true or not, Lala will surely be missed by its long-time loyal users.

Apple to Enter the Music Streaming Business?

Apple is entering the music streaming service with the reported acquisition of Lala.  Lala.com is an online music store and CD trading website that allows members to legally create online shareable playlists from their own uploaded music. Based on industry sources, Apple is interested in bringing some of Lala’s engineers on board because of their expertise in streaming technology.  The sources also said Apple is impressed by Lala’s technology that scans users’ hard drives and creates duplicate music libraries that can be accessed from Web-enabled devices. Lala, along with other similar online music providers like Ruckus and SpiralFrog, were struggling to turn their experimental business models into profit.  Newer schemes were tried like ad-supported music but to no success.  These companies either close shop or be acquired by bigger ones in order to survive, like what is reported to happened to Lala.

Reblog this post [with Zemanta]

WordPress Themes

Protected by Copyscape Online Copyright Infringement Tool