Lala started as a CD-swapping service, and then quickly collapsed as a music hub. But now the site is relaunching with a new approach to web music: allowing people to purchase, for 10 cents, the right to stream any track in ther library as many times as you want. It’s perhaps the most logical way for record companies to make money off of streaming music.
Lala’s new service also allows you to listen to any track you want in their library all the way through once completely for free, and then the 10 cents purchase price comes in. But if you decide to buy the track, Lala is selling DRM free MP3’s for around 90 cents, minus the 10 cents if you paid to stream the track.
Lala has all four major labels on board, plus 175,000 independent artists for the service. Some bands’ music won’t be available for the service (the usual suspects of Led Zeppelin, The Beatles, and AC/DC) but this could change in the future of the service takes off. [Tech Crunch]










The potential of this site is insane. Will be interesting to see if it takes off. I think it's an amazing idea.