Apple buys streaming-music service Lala

A week ago today the news broke that Apple was buying music service, and new Google Music search partner, Lala, lighting up the tech and music world (cnet). How much Apple actually paid to acquire the streaming-music service has been a matter for continued speculation (TechCrunch)… EMI made an 11th hour content licensing deal with the new major label-backed video site Vevo, which officially launched on Tuesday (Epicenter). True to industry form there was a celebrity-filled gala to commemorate the occasion (Billboard)…  MySpace formally acknowledged it has bought struggling Imeem and promptly shuttered the streaming service (VentureBeat)… And as expected, The Hollywood Reporter, Billboard and a handful of other Nielsen Media publications were officially sold to a consortium of investors (LATimes).