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Jun 07
Saturday
Service Innovation, Web Service
Old cd’s for new tracks

It’s taken some time but I have finally digitized my entire CD collection. It’s a good feeling after hours of injecting and ejecting CDs into my computer to have all my music in one central place. (ps. There are services out there where you send in your CDs and they rip them onto a external hard drive for you and send it back). Looking back, I shouldn’t have waited so long…

But what to do with all my CD’s and CD cases… There is a bit of nostalgia about looking back at all my music fads and seeing my tastes change. There are music stores that buy and resell old CDs but they offer next to nothing. I would feel weird selling them for a dollar a piece or simply throwing them away. I could donate them somewhere but where?

Idea: this concept is a play on current peer to peer networks apps. For the sake of this example, lets call our company “Rhythm”. So each customer sends in his/her CD’s to Rhythm. Rhythm turns around and rips each CD into its massive music library and tags it appropriately (yr, genre, etc). In exchange for their CDs, the customer get an equal amount of music downloads from this library. So the more CDs you send in, means the more you can download.  Additional music can be downloaded for a price like iTunes. As more and more people donate CDs, the library becomes bigger and bigger and more powerful (like a wiki). As for the physical CD’s, recycle them into new blank CDs? Obviously, there are holes in this idea such as copyright infringement but please let me know what you think.



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