Music | Business

Episode 449: The Hidden Digital Wealth In Your Pocket

NPR | April 7, 2013 11:01 p.m.

The company, Redigi, wants to be the used record store of the digital age.

The company, Redigi, wants to be the used record store of the digital age.

Tim Boyle, Getty Images

We have secondary markets for almost everything. If you no longer want that old record or CD, you can sell it to a thrift store, used record store, or on Craigslist or eBay.

But what about songs from your iTunes library you no longer want?

Today on the show, the story of a company that tried to set up an online marketplace where people can buy and sell old mp3s, and what happened to them. It involves a law from 1976, a phonorecord, and a judge that quotes Star Trek.

For more on the legal arguments around selling used digital media:

Music: Adele’s “Rolling in the Deep” & “Someone Like You,”Peter Frampton‘s “Baby I Love Your Way,” and LMFAO’s “Party Rock.” Find us: Twitter/ Facebook/Spotify/ Tumblr. Download the Planet Money iPhone App.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

Comments

blog comments powered by Disqus
Follow on Facebook:
Thanks to our Sponsors:
become a sponsor
Thanks to our Sponsors
become a sponsor