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Report: Apple buying Lala; iTunes to get streaming service?
Posted by Brier Dudley
Bloomberg News is reporting that Apple is buying music-streaming service Lala, which would give the company a platform to finally add streaming services to iTunes.
Palo Alto, Calif.-based Lala lets users hear a song once for free, and build online playlists and collections. It also sells songs with a tiered system, with online-only songs selling for 10 cents and downloadable tracks starting at 79 cents.
Bellevue's Ignition Partners is among Lala's backers.
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