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Friday, December 12, 2008

Sell Your Used MP3s For Cash Online!

Yes, you read that right, there is a new company out there that will allow you to upload your MP3s and sell them. How in the world can this guy hope to have a business selling used MP3s when people can just make as many copies as they like? Hit the link for the explanation. I have a feeling this is gonna end really, really bad.

Obviously, MP3s are very easy to duplicate...It's very difficult to tell the difference between a so-called new copy and a so-called old copy...I can buy a CD and I can rip it and that behavior has basically been endorsed by the music industry.

I can resell that CD on Amazon. The industry doesn't have a way to monetize physical goods being traded on the secondary market. The first-sale doctrine protects that right. In the physical world consumers have the right to resell their property and copyright owners can't do anything about that."

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