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September 12, 2006 Archive

September 12, 2006

Music CD swapping service plans to expand

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Lala, which fosters the trading of CDs among its members, claims to have signed up several hundred thousand users since its debut earlier this year.

Lala members compile two lists on the site -- one for all the CDs they own, and one for CDs they'd like to own. Lala charges $1.75 when members make trades. The fee includes postage-paid envelopes for shipping CDs.

Company founder Bill Nguyen says Lala plans to use the growing database of CDs requested by members to move into sales of new CDs and digital downloads.


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