Free press releases distribution network?

Agency / Source: ReDigi, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



ReDigi Defeats Capitol Records in Court Hearing Monday - ReDigi's revolutionary technology helps consumer exercise digital ownership rights via its advanced cloud storage system and marketplace for pre-owned digital music. Capitol Records fails to confiscate ownership rights to digital music purchases
ReDigi Defeats Capitol Records in Court Hearing Monday

 

PRZOOM - /newswire/ - Cambridge, MA, United States, 2012/02/08 - ReDigi's revolutionary technology helps consumer exercise digital ownership rights via its advanced cloud storage system and marketplace for pre-owned digital music. Capitol Records fails to confiscate ownership rights to digital music purchases.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B/B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

ReDigi, the online marketplace for pre-owned digital music and revolutionary cloud service technology that verifies the legitimacy of a digital music file before it can be uploaded for storage, won a major victory in a court hearing late Monday when Capitol Records was denied a request for a preliminary injunction in an attempt to shut down ReDigi. This is an exciting step forward for ReDigi's and the purchasing public's fight to keep consumers' intrinsic and lawful ownership rights to their digital property intact at a time when Capitol Records is fighting desperately to confiscate these rights.

In Capitol's filing, the label challenged the legal principles at the foundation of the entire cloud computing industry, worth an estimated 41 billion dollars per year, of which ReDigi is a pioneer and emerging leader. Capitol's disregard for the process of ReDigi's advanced technology, which clearly works within the parameters of the law, has drawn the ire of both consumers and industry leaders such as Google, which petitioned the courts for permission to file its own brief in the case.

"This is a fascinating issue," stated District Judge, Richard J. Sullivan, who turned down Capitol's request for a preliminary injunction. "It raises a lot of technological and statutory issues."

In our increasingly digital world, ReDigi (redigi.com) is breaking down the barriers that have kept consumers from enjoying their intrinsic and lawful ownership rights to their digital purchases. Through its Marketplace, ReDigi transposes the familiar process of selling a used CD or LP onto the digital world, enabling consumers to exercise their ownership rights lawfully, observing and preserving the legitimate rights of the artists and labels in their copyrighted music.

ReDigi's Founder and CEO John Ossenmacher said of the decision,"We are grateful for the judge's decision in our favor. Our technology is helping consumers unlock billions of dollars of previously unrealized wealth in their digital media collections. We hope today's ruling will help to expedite the trial so that we can get back to our business and providing consumers with access this incredible technology. And we hope Capitol can get back to their business and find a way to catch up to the times instead of trying to stop the innovation process, denying rights to their paying customers along the way."

"Technology has done a great job of virtualizing physical goods, such as removing the clutter of records and CDs in our living rooms. Technology can now make the virtual goods feel like physical," explains Prof. Larry Rudolph, ReDigi's CTO. "Our advanced technology can distinguish legally acquired online music files from those ripped from a CD or file shared, but more significantly, our use of cloud computing and other modern computer techniques makes transfer of ownership compatible with copyright regulations. ReDigi is the pioneer of the 'cloud as the digital goods marketplace' -- the marketplace of the future -- where people go to buy and sell and where sophisticated technology ensures safety, legality, and convenience."

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B/B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ReDigi, Inc.

 
 

Availability: All Metropolitan Area

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
E-Business B2B/B2C articles,
CATCH Visitors via Your Competitors Announcements!


ReDigi Defeats Capitol Records in Court Hearing Monday

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Jaclyn Inglis - ReDigi.com 
855-473-3444 x706 jaclyn[.]redigi.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ReDigi, Inc. securities in any jurisdiction including any other companies listed or named in this release.

E-Business B2B/B2C via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ReDigi, Inc. / Company Profile


Read E-Business B2B/B2C Most Recent Related Press Releases:

FIS to Sell SunGard Public Sector and Education Businesses to Vista Equity Partners
FIS Expands its Real-time P2P Payment Solutions Offering
Interlochen Center for the Arts Selects FinancialForce HCM to Inspire Collaboration and Deepen Employee Engagement
FinancialForce Continues Momentum in Nonprofit Sector Empowering Organizations to Maximize Impact and Fulfill Missions
FinancialForce Introduces Billing Central for Everything-as-a-Service Business Models
FIS and CO-OP Bring Cardless Cash to Credit Unions Nationwide
Greenway Health Gains Customer Satisfaction by Transitioning from NetSuite OpenAir to FinancialForce PSA
FinancialForce Delivers Wave App for Professional Services Automation (PSA) Extending the Power of Salesforce Wave Analytics to Professional Services
LiquidHub Selects FinancialForce Cloud Solutions to Optimize Workflows and Unify Data
LoginRadius Announces Adoption of Microsoft Azure for its Cloud Services

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today