Tuesday, March 7, 2006
Online Music Service Coordinates CD Swapping
Posted by Jason Dunn in "NEWS" @ 04:00 PM
"A new online music service called La la Media Inc. aims to offer full-length CDs for $1 by letting members trade used physical discs, in a new twist on the popular but legally challenged practice of online song swapping. 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 popular mail-order DVD service Netflix Inc. operates."
This is one of those cases where what they're doing it technically legal, but in my opinion wholly immoral. It's one thing to lend a CD to a friend, it's another to build a business around it. Disagree? Tell me why.
This is one of those cases where what they're doing it technically legal, but in my opinion wholly immoral. It's one thing to lend a CD to a friend, it's another to build a business around it. Disagree? Tell me why.
