Originally Posted by kaldaniels
What about going the opposite direction Nate, I don't really have a strong opinion on this issue but I just want to hear your thoughts...
Buy a CD, rip it to my iPod, sell said CD on eBay.
Fair or foul.
It's a grey area for sure. As I understand it, buying a CD (or any physical media) gives you a license to the music for personal use. This is probably true for any IP, btw. So, you're kind of "renting" a license rather than owning the music. Used "music" stores kind of exist in a hazy area by buying and selling media. I personally don't do it but I haven't really bought CDs in a long time either.
I think the gaming industry is going through a similar issue with Gamestop and how they sell used games. Gamestop has made a fortune trading used games, the gaming companies make nothing. The gaming companies want some of that money. I'm just not sure how it all should work out.
In the music production world, a smilar situation exists with things like sample libraries, software instruments and music production software. The sample libraries in particular have very strict, non-transferrable licensing rules attached to them that say if you buy it, it's your forever and you can't transfer the license to someone else. Whereas some have a problem buying a $15 CD and potentially not liking it, imagine how you'd feel if you bought a $5,000 symphonic string library and you didn't like it.