Facing the Music

Cunningham, Susan J.
October 2006
Forbes Asia;10/2/2006, Vol. 2 Issue 16, p54
The article describes the strategy of GMM Grammy to compete in the music market in Thailand. Just as elsewhere around the world, compact-disc sales are plunging in Grammy's home market, Thailand. So Grammy expects to sell 1 million fewer music and video CDs this year, for a total of 17 million. These reversals hit quite suddenly--just a year ago FORBES ASIA named Grammy to its list of the best 200 companies with under $1 billion in revenue. INSET: WHO NEEDS AN IPOD?.


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