BMG entertainment & Music Industry SWOT analysis.

SWOT Analysis and Recommendation if Music Industry Strengths: * offshoot major eternalise label to create websites mark towards antithetical medicament genres. First major record label to lend oneself downloading technology to promote gross sales of CDs and cassettes. *Merged with AOL--AOL has the largest meshwork 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 particularised genres of music. These sites linked fans to the artists websites, where they could download or purchase CDs. (Another innovative live from BMG) Weaknesses: * Through sites wish CDNow and Amazon.com customers had the option of having CDs or cassettes mailed to them. Consumers whitethorn not insufficiency to deal with downloading music from the net. They may and stick with what they have. Many sites had under-the-counter downloads, so the conventional co nsumer may not want to upset with this new type of technology. * Although BMG was the maiden company to create branded websites for specific music genres, they except focused on promotional aspects here, rather than focusing on shoping music and in raise making money. Opportunities: * The innovativeness and newness of the digital era could spark a lot of consumer interest in the music industry.

For instance, the CD had a better-looking impact on industry revenue; owners of tapes simply replaced their collections with CDs. * ;BMG is arguably the leader in the music industry, and consequently has the influenc e to get under ones skin its existing custo! mers with them into the digital mp3 era. * BMG had close relationships with all the players involved in setting tech standards for downloadable music. This could give BMG the heads up on newest technology, and an emolument for market entry. * If BMG begins to sell music on... If you want to get a full essay, set out it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper