Global Electronic Music Marketplace

The Global Electronic Music Marketplace (GEMM) was an online music trading website established in 1994.[1] It was founded by CEO/COO Roger Raffee and Jim Hall, and based in La Jolla, California, United States.[2][3] Most of the items traded on the site were used CDs and LPs.[4][5] As of February 2016 the site is defunct.

GEMM
Type of site
Private
Founded1994 (1994)
Dissolved2015 (2015)
Headquarters
La Jolla, California
,
United States
Key peopleRoger Raffee, CEO/COO
IndustryMusic trading

Between 1996 and 2001, GEMM was the largest online music marketplace, with a sales and revenue yearly growth rate of 100% and 11 employees.[1] By 2002, the site's inventory had grown from 250,000 to 16 million items.[1][2] Similarly to trading sites such as eBay, GEMM included a five-star vendor rating system based on buyer feedback, as well as advanced search features and custom user want-lists.[6]

GEMM filed for bankruptcy and ceased business operations effective July 8th, 2015.

See also

References
  1. Robinson, Matthew S. (September 29, 2001). "Collector's Portal Gemm Draws Retailers, Loyalty". Billboard. 113 (39): 48.
  2. Garrity, Brian; Benz, Matthew; Christian, Ed (September 29, 2001). "Concerns Rise Over High Retail Profile of Used CDs". Billboard. 113 (39): 82.
  3. Lieb, Kristin (July 27, 1996). "GEMM Offers Retail Motherlode Online". Billboard. 108 (30): 73.
  4. Wick, Robert L. (1997). Electronic and Computer Music: An Annotated Bibliography. Westport, CT: Greenwood Press. p. 164.
  5. Katz, Linda S. (2003). Acquisition in Different and Special Subject Areas. New York, NY: Routledge. p. 11. ISBN 9781317951698.
  6. Fling, Robert Michael; Munstedt, Peter Alan (2004). Library Acquisition of Music. Oxford, UK: Scarecrow Press. p. 146. ISBN 9780810851245.
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