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Apple looking to buy Lala, get into streaming music? (Update: sale confirmed)

Nilay Patel
12.04.09
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There's no deal yet, but Bloomberg and All Things Digital are reporting "confirmed" buyouts talks between Apple and music-streaming service Lala. If it goes down, the deal would potentially bring free music streaming to Apple's iTunes empire, but we're assuming Steve's less interested in integrating Lala's current service than he is in its talent, back-end technology, and content licensing deals. We'll see where this all goes -- or if it even happens.

Update: The New York Times and Wall Street Journal are now saying this is a done deal.

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