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Apple acquires music service Lala | Reuters

Computers & Technology: Apple acquires music service Lala

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Gifted submitted 2009/12/5 23:56, published 2009/12/5 23:56 | 213 views
Tags: acquires, Apple, Lala, music

http://www.reuters.com/article/idUSTRE5B409C20091205

SAN FRANCISCO/NEW YORK (Reuters) - Apple Inc has acquired digital music service Lala, as the dominant online music retailer explores new models for selling songs.

Terms of the deal weren't disclosed by Apple, which confirmed the purchase on Friday.

ITunes is the leading music service in the United States with more than 70 percent of all digital music sales and it is the leading music retailer overall.

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