Come Together…
Friday, June 30th, 2006
Music giants bid over each other in what looks to be even more consolidating of the industry. Its gonna be down to three major music entities trying to decide what is worth marketing to you and I.
Analysts on the street say “the combined entity could generate $200 million to $300 million in additional cash flow by laying off employees and reducing the number of artists…”
Rupert Murdoch had the forsight.
He made the decision to aquire what is obviously a power player in this new media landscape.
If other industries haven’t been making moves to cement themselves in this wave of new media innovation then…well.
