Archive for May, 2009

Cable vs. Buying DVDs vs. Renting DVDs

Posted by Jennifer Derrick | Saving Advice.com

I’ll admit to loving movies and certain TV series. As a result, I buy a lot of DVD’s. Someone once told me that I was wasting my money on all those DVD’s, since I could rent them for free or watch the same movies on cable. I didn’t think it was a waste of money, but I decided to crunch some numbers to see if I was better off buying, renting, or getting cable again. http://www.savingadvice.com/blog/2009/05/18/104495_cable-vs-buying-dvds-vs-renting-dvds.html

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For sale: Second-hand MP3s! Whats happening with Bopaboo?

The new website claiming to have set up an online system for selling “used” or secondhand MP3s appears to be stalling on startup. The startup website announced the end of 2008 a new service that offers the unlikely prospect of selling your MP3s, uploading songs in the same way that you would trade in used CDs.

However, the difference between an MP3 and a used CD is that even after you give it away (or sell it), it’s probably still on your computer. Create or upload a copy and the original is still there on your desktop unless you delete it.
That didn’t bother Bopaboo. “Stop illegally sharing and start legally selling!” they bellowed on their website. ”
Bopaboo presumes that any song uploaded to the site is legally obtained, and they plan to make users sign a contract saying so. But just as used CD shops can be places to launder ill-gotten goods, so could a filesharer upload their latest torrent’s-worth of songs – and then turn a tidy profit from clueless Bopaboodniks.

The current status of Bopahoo is questionable. No FTC investigation of the service has yet been made public. Entry to the site is denied except by invitation during their beta phase. My dvdhunt.com request for invitation is currently unanswered.
Have any of you have an account established with Bopahoo? Are you able to gain access to the site and buy and sell MP3s? Leave a comment and let us know (please)!

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

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Gamestop Allegedly Selling Used Games as New

According to Kotaku, several GameStop stores in America are allegedly (and deceptively) selling used games as new. The site has reported:

“According to a number of GameStop employees and managers across the country, all of which spoke to us on the condition of anonymity, new copies of games rented out to employees are often mixed in with the unplayed display copies. And both are sold at ‘new’ prices.”
This is extremely shady and possibly illegal. As expected, GameStop had no comment at this time. The Federal Trade Commission, however, did. Public affairs specialist Betsy Lordan said:

“The Federal Trade Commission protects consumers from unfair or deceptive advertising and marketing practices, and we encourage any consumer with a complaint about a company’s business practices to contact us.”
It will be terribly interesting to see how this pans out. The sources seem very solid and with enough complaints, the FTC could launch an investigation (if it hasn’t done so already).

Have any of you purchased a new game with some defects? Do you think it might have been played by a GameStop employee before it reached your hands? Leave a comment and let me know (please)!

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Amazon to Grow Used Game Market

Investors in GameStop Corp. may have panicked recently on the news that Amazon.com was entering into the used video game space, but a new study suggests that the slumping economy may help make room for plenty of competitors in the market.

Amazon has announced a new service through which customers could trade in used video games through its site, in exchange for store credit.

The news immediately caused a sharp sell-off on shares of GameStop, a Grapevine, Texas-based retail chain that specializes in video game sales and derives nearly half of its gross profit from the sale of used games. GameStop saw its stock drop more than 20 percent in the two days following the announcement.

However, according to a report from Electronic Entertainment Design and Research, a market research firm that focuses on the video game market, GameStop is unlikely to see much of its business threatened by the larger online retail giant.

“Based upon our research, we believe Amazon’s used program will be both successful and profitable,” the report read. “We also believe that most of Amazon’s new business will come from the expansion of the used video game software market rather than from stealing market share from competitors like GameStop, Game Rush, EBay, or Game Crazy.”

Amazon does not break out specifics of its video game business. Sales of media products — which include books, games, DVDs and music — totaled nearly $11.1 billion last year, more than half of the company’s total revenue base.

GameStop said it expects revenue for the year ended Jan. 30 to total about $8.8 billion, based on preliminary data announced last month.

According to the EEDAR report, GameStop is likely to retain its advantage in the used market with core gamers, who often use the company’s stores to trade in older titles to get credit on new releases when they come out.

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Sell Sell Sell!

While saving money is one way to get through hard times, it doesn’t hurt to get more income, too. Finding things to sell is a good way to get a cash boost.

“The economy hasn’t been great for five or eight years, so there’s always been people selling what they don’t want anymore,” said Ted Wilson, owner of Replay Entertainment Exchange in East Lansing Michigan. People who are upgrading from DVD to BluRay or who are switching to a new video game system sometimes bring in entire collections to sell.

Others turn to garage and yard sales to earn a little more income. Those methods may only draw in people who live nearby or who happen to pass by during the sale – and sales rarely take place for longer than a few days. By listing items for sale online, people from around the country or even on the other side of the world can take a gander at what you’ve got to sell any time at all.

Online auction site eBay has long been used to turn attic treasures into money. Other venues for resale online include Amazon.com and Barnes and Noble’s online site, bn.com, for books.

Closer to home, there are resale shops around town that buy used goods such as children’s clothes, CDs, DVDs and video games.

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game pawn and dvd pawn in news

Game pawn and dvd pawn in the news. Not paying up.
http://www.taylordailypress.net/articles/2009/02/17/news/features/news05.txt

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