The Hidden Digital Wealth In Your Pocket | WBEZ
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Planet Money

The Hidden Digital Wealth In Your Pocket

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: Is It Legal To Sell Your Old MP3s? Update: Is It Legal To Sell Your Old MP3s? Judge Says No.* Lawyer Rick Sander blog. Bill Rosenblatt's blog, "Copyright and Technology."

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