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Title: | Welcome to the CD Notes Conference |
Notice: | Welcome to COOKIE |
Moderator: | COOKIE::ROLLOW |
|
Created: | Mon Feb 17 1986 |
Last Modified: | Fri Mar 03 1989 |
Last Successful Update: | Fri Jun 06 1997 |
Number of topics: | 1517 |
Total number of notes: | 13349 |
979.0. "SONY BUYS CBS RECORDS - DAT IMPACT?" by NATASH::WEIGL (Turboferrets - racing for answers) Thu Nov 19 1987 20:29
THIS NOTE ALSO ENTERED IN THE AUDIO NOTESFILE.
<<< DSSDEV::PUBLIC$:[NOTES$LIBRARY]AUDIO.NOTE;1 >>>
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Note 1320.0 SONY BUYS CBS RECORDS! No replies
NATASH::WEIGL "Turboferrets - racing for answers" 14 lines 19-NOV-1987 22:26
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I heard on the news tonite that SONY bought CBS Records for the
amount of $2 Billion. This has several interesting effects:
Sony now owns the company which has 25% of the (US?) record market
Sony now owns the company which invented COPYGUARD for DAT's.
Sony makes DAT's.
Interesting, at the least. Should cause some changes in the business,
perhaps hasten the entry of the DAT into the US market, as well
as broaden the Sony share. But what will happen to the record
business? The hardware business? More raiding to be done in the
industry?
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