Los Angeles - A digital music start-up called Bopaboo has launched a beta version of its service that allows users to sell "used" MP3 files to one another. Used tracks may be sold for between 25-99 cents, with 20% of each sale going to the company and the remainder going to the seller in the form of credits that may be used to purchase new music -- and not additional used MP3s. 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."

Related Links:
http://www.guardian.co.uk/music/2008/dec/03/second-hand-mp3-site

http://snipurl.com/7r9if (Billboard)

http://news.cnet.com/8301-17939_109-10120391-2.html

http://www.bopaboo.com