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Almost all digital media types have a license. They tend to fall under one of 3 primary licenses, BUT if there is NO license it tends to fall under the first:
1) Some state "you are free to do what you want with this (insert digital media here) with no restrictions", this means you can alter the music, change the ebook, change formats, change it to your own creation and sell it, whatever. This is typical Open Source licensing.
2) Others state "you are free to do what you want with this provided it stays within your possession and not sold or given away", this usually means you can convert it to a different file type/format for use on another device you own.
3) Yet others state "you can only use this in the exact format for the exact device in which you received it", this means you buy it, you "legally" cannot alter it in any way, cannot transfer it to a replacement or new device, even if it dies, meaning if your device dies, you are required to buy the same thing again. This is what most current CD and mp3 music, most ebooks and most programs you buy fall under.
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