Does Lala's Shut Down Mean Streaming iTunes Launch?S

Reader Aaron Vader has sent us an email announcing that Lala.com will shut down on May 31. If you are a Lala user, your credits will be converted to iTunes credits. Does that mean that streaming iTunes.com would launch soon?

It's hard to say. WWDC 2010 comes right after Lala's shutdown, but it's unlikely that Apple would make such a consumer-oriented announcement in an Apple developers conference. Especially when iTunes coming into the streaming arena is something that definitely needs a show-n-tell presentation by Steve Jobs, explaining why their strong commitment to the idea of "owning the music" is compatible with the idea of just streaming it.

Or perhaps Lala would just shut down, and that will be the end of it. Or maybe it would get incorporated into the iPhone and iPad product lines, as an exclusive app. Anything is possible.

For now, however, we only know that, on May 31, Lala is dead, baby. Lala is dead.

[Thanks Aaron Vader! (I really hope that's your real name)]