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ReDigi opens as marketplace to re-sell your purchased MP3s

Written by Andre Yoskowitz (Google+) @ 27 Feb 2011 22:03 User comments (11)

ReDigi opens as marketplace to re-sell your purchased MP3s A new music startup, ReDigi, has opened in beta, offering the first digital marketplace to buy and sell used digital music.
Short for "Recycled Digital Media," the company says it is fully legal and allows users to purchase digital music files from owners who already purchased them in the past.

The company says it has done "extensive research and have spent many hours with well respected law firms in Boston, NYC and LA" and believes the "marketplace will provide and protect the rights of consumers as they were provided for under US copyright act and the first sale doctrine."

ReDigi says it believes that just because a file has been digitized does not mean users should lose the right to re-sell their goods as if it were a physical object.

The new marketplace will as a forum for re-selling the digital tracks, first by verifying that the track was properly acquired and then "managing items selected for sale within the sellers music libraries to prevent multiple copies (protecting the seller from copyright infringement)." Finally, the company "facilitates an even greater level of copyright protection than the previous CD market."

ReDigi also donates a portion of all their revenue to the artist and their label, possibly opening a new revenue stream for the labels.

You can request an invite here: http://www.redigi.com/

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11 user comments

127.2.2011 22:27

Yeah right this'll go down like a lead balloon with the likes of you know who,i don't quite get the reselling of previously bought digital media, with a cd you sell it & unless you made a copy you no longer have that cd in possession,nup ya got me there noth'n to stop you still having the original copy & what about POP (Proof of Purchase)somth'n very fishy going on here


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227.2.2011 22:56

It will probably go down...not because of any actual problem with the law or the service or anything...but from the huge lawyer fees that they will be forced to spend fighting off record companies.



328.2.2011 2:56

anything that p1sses off the record companies for a while is good in my book

428.2.2011 13:12
lissenup2
Inactive

What crap!!!

And who's to say that those that are "selling" their MP3s won't keep them for themselves. This sh*t is no different than legalized copyright infringement.

They use the idea that "Just because a file has been digitized doesn't mean they should lose the right to re-sell"................Yeah, right.............tell that to Steam regarding video games. Can't re-sell those.

Though, I do hope this passes because a new precedent will be set for those that want to re-sell their steam video games.

51.3.2011 4:26

They say they have taken legal advice and treat the MP3 as if it was a physical thing...humm as others have pointed out 1. you can keep a copy..2. how many times can you sell the same track.3 when will the record companies kick in and say " see you have the web site up done some business your illegal and sue.." all in all sounds a good idea but in reality...non starter

61.3.2011 19:09

Something like this needs to happen. Just because something is a series of 1s and 0s shouldn't mean that it can't be resold just as physical media. It's the content you are paying for. Even if you buy a CD you do not own the music, that is still copyrighted. It would be just as simple to copy the CD and sell the real one as it would be to resell the digital version if you were so inclined to do so. They claim to give some of the proceeds to the artist or label which is more than they get on second hand CD sales. The biggest legal obstacle I see is that you agreed in the EULA that you are only licensing the content when you make a digital purchase.

The transfer of digital licenses needs to be addressed at some point by the courts. What happens when I die? Does a lifetime of digital purchases just vanish? Do usernames and passwords have to be passed down from generation to generation? What about First Sale Doctrine? Why should I have to sign my resale rights away for the convenience of digital purchases?

After a lifetime of "I bought it, I own it, and can do what I want with it" it is going to be very hard to convince a large portion of the population that just because the purchase is digital that they should not be able to do as they have always done with any other purchase.

71.3.2011 22:52

This is going to be ridiculously unpopular, and just plain ridiculous, but how about this: Restrict licensing to government agencies. For everyone else, either sell it or don't. Only governments would be allowed to deal with licensing.

Copyright law is basically a license given by the government to the original creator that says, "This allows you to copy and sell your work as many times as you want, and nobody else can legally make copies of it without your consent." It says nothing about selling licenses. It just says you can sell copies of your creation.

Of course I'm paraphrasing, but could it be a step in the right direction?


Ignorance en masse is still ignorance.

82.3.2011 2:09

it theory you should be able to sell anything you own whether digital or not.in reality given how far computer have come in the last 20years.pratically anything digital can be cloned or copied,or even download free from a torrent site.


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94.3.2011 7:27

I think a few members don't see how ReDiGi see this situation.

For years the Record Labels whole strategy has been to sue and recover damages based on the 'worth' and loss of revenue due to the exchange of digital copies. Even though it is just data, they have been given life, based on their effect on the balance sheets of the various companies.

The Record companies themselves have created this worth, due to years and years of litigation.

This situation also underpins a lot of consumer law. The right to resell and exactly what boundaries exist for consumers, private or as a company, when 'handling' digital media.

It will be interesting to see how this plays out from the legal side of things.

This message has been edited since its posting. Latest edit was made on 04 Mar 2011 @ 7:29

104.3.2011 9:36

If this pans out, then purchased digital books, games and movies are next... I think it might actually work. Think about it, as we enter the digital age (resources are limited, there will be a point where paper books are just too expensive to make), we will be owning a lot of digital contents. As digital contents become the norm, people will be selling stuff they own again, just as they do now with paper books, game discs, DVDs/BDs, VHS, Laser Discs, floppy discs, old old cartridges etc...

114.3.2011 10:34

Originally posted by lissenup2:
What crap!!!

And who's to say that those that are "selling" their MP3s won't keep them for themselves. This sh*t is no different than legalized copyright infringement.
And who says that those selling/trading their cd's aren't keeping a copy for themselves?

Sorry but your logic is a fail. If people want to steal then they're going to steal. What's that have to do with ReDigi and the business they want to start up?



Quote:
They use the idea that "Just because a file has been digitized doesn't mean they should lose the right to re-sell"................Yeah, right.............tell that to Steam regarding video games. Can't re-sell those.

Seriously you can't be this thick headed. We can't resell them because there's no model in place to do so... yet.

EXACTLY LIKE we can't re sell mp3's. And then come's along ReDigi who allows consumers to do so.



I think ReDigi's biggest obstacle (as every other businesses is) would be building up it's customer base. ReDigi should dump a TON of cash in to advertising.




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