Bopaboo — a place to sell your used MP3s
This is a very interesting idea — a website to sell used MP3s. You paid for that mp3 and you don’t want it anymore. Why not sell it? Despite a a legal quagmire that suggests that you shouldn’t, startup bopaboo.com says you can and they’ll help you. CEO Alex Meshkin says his plan is that registered users will sell their MP3s for between 25 cents and 99 cents, with the site getting a 20% cut. He also says people will only be allowed to sell the same track one time. Users must then spend whatever revenue they glean at Bopaboo.com, where Meshkin hopes to sell “new” MP3s via licensing agreements with the labels. The company has said that it has developed technology that prevents users from selling the same song more than once. CEO Alex Meshkin told both Billboard and CNET News.com that he is in active discussions with several major and independent labels, which he characterized as “positive.”
Bopaboo says it has a legal means of letting owners of non-restricted MP3s sell them to other users. The site’s founder says users are protected under the US “first-sale doctrine,” as in re-selling a CD, and that the site prevents selling a track more than once.
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