Lala - Music CD Swap Site Goes Public in July:

You pay $1 to trade a CD you no longer want for one you do. What about copyright? It's all within the "First Sale Doctrine codified in the U.S. Copyright Act." However ... "While there is no obligation to do so, 'la la' is setting aside 20% of trading revenues for musicians." The site founders want to re-create the "social hub" vibe of the "local independent music store" acting as "the social hub where music fans gathered to hear, discuss and buy music."

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