To be clear, that 3,200,000,000 refers only to Dr. Dre & Jimmy Iovine's
Beats International, not Apple!
On Sun, May 18, 2014 at 11:59 PM, Chris Bishop <[log in to unmask]>wrote:
> I'm mystified as to why this company that sells headphones, earbuds and
> music subscriptions is valued at 3.2 *billion* dollars.
> On Sun, May 18, 2014 at 10:04 PM, Music Hunter <[log in to unmask]>wrote:
>> Today's technology & fast shipping systems makes it possible to operate
>> Your search for sound & video ends here!
>> Jay Sonin, General Manager
>> Music Hunter Distributing Company
>> 4880 North Citation Drive, Suite # 101
>> Delray Beach, Florida 33445-6552
>> [log in to unmask]
>> -----Original Message-----
>> From: Association for Recorded Sound Discussion List
>> [mailto:[log in to unmask]] On Behalf Of Aaron Levinson
>> Sent: Sunday, May 18, 2014 9:59 PM
>> To: [log in to unmask]
>> Subject: Re: [ARSCLIST] Future of CDs, streaming, etc
>> In all fairness they have also cut costs and overhead. I am not suggesting
>> that the revenue numbers haven't suffered but they are much leaner
>> and they are much less in the manufacturing, warehousing and shipping
>> business too. Far less of their capital is tied up in excess inventory.
>> Sent from my iPhone
>> > On May 18, 2014, at 9:49 PM, Tom Fine <[log in to unmask]>
>> > This article was in the NYTimes today, gives a Wall Street-centric view
>> the changes in music distribution:
>> > Worth noting -- record company revenue is less than 1/2 vs 1999. In 15
>> years, half of the profit has been sucked out of the business. In order to
>> maintain contact with reality, we should keep this in mind when we discuss
>> "wish lists" for reissues, especially reissues involving costly
>> and in thinking about whether it's viable to keep slow-selling single-CD
>> issues in print on physical media.
>> > David Burnham's joking description of chamber music as "music heard by
>> people" may apply to ALL but the most mainstream recorded music some day
>> soon! At least as far as physical media is concerned.
>> > -- Tom FIne