2024 – Assignment for Sony Music and the Music Industry Assignment Please answer the following two questions type

Assignment For Sony Music And The Music Industry – 2024

2024 – Assignment for Sony Music and the Music Industry Assignment Please answer the following two questions type.

Assignment for Sony Music and the Music Industry


Assignment: 
 

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Please answer the following two questions (type your responses below the questions):

Music industry

1.   What is competition like in the music industry? Which of the five competitive forces (Porters) is strongest? Which is weakest? What competitive forces seem to have the greatest effect on industry attractiveness and the potential profitability of new entrants?

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2.   What are the underlying drivers of change and how might those forces individually or collectively make the industry more or less attractive?

3.   Who are the major players in the music industry (using only the information from the case).

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