Now this, we sense, could be controversial. E-commerce site Murfie has raised $1.4m in funding for its site which sells digital downloads ripped from physical CDs. Wait, what? “Buy and sell music CDs, store your physical discs in our warehouse, and access rips and downloads via your online account,” explains the company’s website. So people can sell their CDs through Murfie to other users, but the actual CDs stay in its warehouse – the buyer can ask to be sent the physical CD, or they can just get the files digitally. The question being whether they can then sell the CD on again for someone else to rip digitally, and so on. Murfie says it has 4,000 active customers selling more than 120,000 CDs.

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