Global Electronic Music Marketplace

GEMM
Type of site
Private
Founded1994 (1994)
Dissolved2015 (2015)
Headquarters
La Jolla, California
,
United States
Key peopleRoger Raffee, CEO & Jim Hall, COO
IndustryOnline music trading
URLwww.gemm.com (defunct)

Global Electronic Music Marketplace (GEMM) was an online music trading website established in 1994.[1] It was founded by Co-founder & CEO, Roger Raffee and Chief Operating Officer, 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]

On July 8, 2015. GEMM filed for Chapter 7 bankruptcy at Southern District of California bankruptcy court

Overview

GEMM's main products are second-hand or used CDs and vinyl records as well as other music collectibles listed by sellers.[1]

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]

Bankruptcy

GEMM filed for Chapter 7 bankruptcy at Southern District of California bankruptcy court and ceased business operations effective July 8, 2015.[7]

See also

References

  1. 1 2 3 4 Robinson, Matthew S. (September 29, 2001). "Collector's Portal Gemm Draws Retailers, Loyalty". Billboard. 113 (39): 48.
  2. 1 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.
  7. ↑ "GLOBAL ELECTRONIC MUSIC MARKETPLACE, INC. Chapter 7 Bankruptcy". BankruptcyObserver. Retrieved 18 August 2026.
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