Let’s face it. ReDigi never had a viable business model to start with.
Founded in 2011, users on the online marketplace could buy and sell ‘verified’ used MP3s. Once subscribed, users could download and install the ReDigi marketplace application.
Unfortunately, the music industry didn’t agree with the company’s business model. So, taking the online marketplace to court in 2013, Capitol Records claimed ReDigi willfully facilitated and profited from the sale of copyright commercial recordings. This, argued the record label, would have a detrimental impact on the MP3 market.