La La Aims To Be Netflix of Music

This story has been updated. Original CopyCense coverage: March 16, 2006

“A new online music service called La La Media aims to offer full-length CDs for $1 by letting users trade discs, in a bid to avoid legal pitfalls that face online song trading.

“Backed with $9 million in funding by Bain Capital and Ignition Partners, La La works like an online music co-op by enabling members to trade physical CDs they own for physical CDs they want, Bill Nguyen, co-founder of La La, said ahead of the Tuesday announcement.

“With 1.8 million album titles available, members trade the CDs in prepaid envelopes, much like the way popular mail-order DVD service Netflix operates.”

Reuters. CD-Swap Network to Slip Through Copyright Loophole? March 7, 2006.

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Written by sesomedia

06/13/2006 at 08:42

Posted in Uncategorized

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