BMG entertainment‚ the world’s fourth-largest media company‚ was a subsidiary of Bertelsmann AG‚ a German media conglomerate. In 1999‚ it was a $4.6 billion music and entertainment company with more than 200 record labels and operations in 53 countries. Its revenue was derived from North America (51%)‚ Europe (32%)‚ Latin America (9%)‚ and Asia-Pacific (8%). Despite of this BMG Entertainment’s ability of generating huge revenue‚ and its operating strategies to make the company sound‚ the BMG Entertainment
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Harrah’s Entertainment – Think Piece Organizational Assessment: Harrah’s Entertainment is one of the largest casino based entertainment companies in the US. They have invested a heavy amount of 100 million $ in information technology and they have moved away from “product centered” to “customer centered”. They use a strategy of “Database Marketing” where they utilize their collected data to make business decisions regarding marketing. They have an extensive rewards program where regular customers
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CD’s and cassettes. *Merged with AOL--AOL has the largest internet service provider in the industry. *BMG was the largest music club in the world‚ and arguably the leader of the five major labels. *BMG set up a series of websites dedicated to specific genres of music. These sites linked fans to the artist’s websites‚ where they could download or purchase CD’s. (Another innovative move from BMG) Weaknesses: * Through sites like CDNow and Amazon.com customers had the option of having CD’s or cassettes
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Case Summary #3: BMG Entertainment 2008310606 Ji Min Lee 1. Why have a handful of major record companies dominated the music industry through most of the last century? The world market of record music in 1990s was dominated by only five big corporations: BMG Entertainment‚ EMI‚ Sony Music Entertainment‚ Warner Music Group and Universal Music Group. The majors could maintain their status thanks to patents and agreements‚ technological improvements and M&As. The majors had the complete
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CASE STUDY IV.3 BMG(A) 2824309 Which geographic market areas should be chosen for closer analysis? Introduction Bertelsmann Music Group‚ (BMG)‚ is the global music division of Bertelsmann AG‚ a transnational media corporation founded in 1835‚ based in Gütersloh‚ Germany. Its headquarters are located in New York. BMG‚ established in 1987‚ is now one of the world’s biggest music companies with more than 200 record labels in 42 countries. It is also home to one of the industry’s
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Sony BMG Music Entertainment‚ the second largest record music company in the world. This study is about the Sony BMG’s Market Entry into Second Life‚ as Virtual World of Second Life becomes increasingly popular. It started as a little 3D online community in 2003 developed into a sophisticated virtual world with more than 4 million users from around the globe and with an economy larger than that of a small real-world country. As part of its search for new revenue streams in an industry that has frequently
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Thoma Bravo – Citect Corporation (HBS 9-209-022) Study Questions 1. Do you think TB or Schneider would create more value as the owner of Citect? 2. TB would assume what risks if they are the winning bidder? 3. Should TB continue to bid on Citect and at what price? Are the expected ROIs and IRRs to TB sufficient at your revised bid amount? (* note: a detailed evaluation model will be constructed during the class session *) Study Questions 1. Is Newell just another conglomerate? How
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Case: Land Securities Group (A): Choosing Cost or Fair Value on Adoption of IFRS Case Number: 9-105-014 Topic: Financial Reporting and Control Description: A U.K. real estate firm‚ required to adopt international accounting standards (IAS) by 2005‚ must change the reporting of its primary asset (investment property) from the revaluation model under U.K. GAAP to either the cost or fair-value model under IAS. This would have a number of effects on European investment property firms‚ including
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FINS5530 HBS Case Assignment Semester 2‚ 2013 Instructor: Lixiong Guo Readings: 1. Note on Bank Loans. 2. US Bank of Washington case. Assignment: Please prepare a Credit Proposal Memo similar to the one shown in Exhibit 1 of “Note on Bank Loans”. Given the limited information you have from the case‚ you are not expected to include all components of Exhibit 1. The following is a suggested structure of your report: Purpose of the credit extension o Keep this part short
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HBS 9-501-050 Customer Value Measurement at Nortel Networks ’’ Optical Networks Division Nortel Networks was a global player in telephony‚ data and wireless and wireline Internet solutions. Maureen Conroy and Nathalie Sauve‚ members of the Customer Value Management (CVM) Team at Nortel Networks Optical Networks‚ must recommend one of three customer value measurement methodologies to ON President Greg Mumford. In December of 1997‚ ON took a “right-angle turn” ’’ innovative cultural‚ operational
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