I think standard economic thought defines value in terms of preferences.
Such that the value that something has to me is the supremum of how much I value any of the things I would give up in order to have it.
So, if I am willing to purchase an mp3 for $1, then I value it at at least $1. If I would also be willing to purchase it for $2, then I value it at at least $2.
If I value it at $2, and it is for sale at $1, then I would gain $1 of value in that transaction.
If the seller is willing to sell it at any price over $0.50 , then that is how much they value (not) selling it.
So then, in this transaction I would gain $1 in value, and they would gain $0.50 in value.
I think this is the standard way to think about it.
It's just that they're worth a lot more when corporations lobby governments to make copying them illegal.
How about the first copy? That cost "0" too?
If not, are you suggesting the first buyer pay full price and everyone else get it for free?
I thought that it has been economically proven that digital goods such as mp3 downloads have zero value, since each additional copy costs the manufacturer 0.