Would You Rent a Song For a Dime?

An anonymous reader writes "What's worse than a padlocking every song so that they will only play on certain devices? How about selling (renting) you songs that work on no devices? Astonishingly, this is what the music industry thinks we need. Warner Music is spending $20 million to back Lala, a startup devising a service to convince people to 'buy' 'web songs' for 10 cents each; these are then kept for safekeeping only by Lala with no download privileges. Industry insider Michael Robertson leaks the facts on this scheme, along with a seekrit URL so you can try it out." Read more of this story at Slashdot.