Apple Said To Have Spent $80 Million To Acquire Lala Streaming Service

December 08, 2009 :: Posted by - SoSly :: Category - News

Apple’s surprise purchase of music streaming service Lala last week has been given an unconfirmed price tag of about $80 million, placing a premium on the company.

Citing multiple sources, Peter Kafka of MediaMemo reported Monday that Apple’s acquisition price was less than half of what investors agreed to pay in 2008. However, it is more than the $35 million the company had raised, meaning some — but not all — could see a return on their investment in the company.
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Apple is Pitching iTunes TV for $30/Month to Networks

November 03, 2009 :: Posted by - SoSly :: Category - News

Apple has been pitching the idea of iTunes TV for $30/month to television networks for the past few weeks, according to a MediaMemo by Peter Kafka.

The service would obviously work with the Apple TV but would not be tied to it. Instead it would work through iTunes. Since Apple already has a huge install base for the iTunes software it would allow for quick and easy market penetration.
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