Why bloopers count even in the world of media & entertainment
Usually, it’s the celebs who walk aaway with honours when it comes to goof-ups and slip-ups in the world of media and entertainment; but once in a blue-moon, the blue-eyed boys do steal the show with billion-dollar bloopers! A few such rare moments follow...
Virgin Records, a British record label founded in 1972, was sold by Branson to Thorn EMI in June 1992 for a reported $1 billion, with a special non-competition clause that prevented Branson from founding another recording company over the following five years post-deal. Branson had a choice: to either sell-off his airline baby, Virgin Atlantic or his records business. In the process, he sold-off a profitable business (Virgin Records), to save a business which was in trouble, and was incurring losses. Even Time magazine documents that the sale of Virgin Records to Thorn EMI was the biggest mistake that Branson ever made. Today, Virgin Records is part of EMI, and is the 3rd largest music company in the world, and Virgin Atlantic is reportedly making losses.
Usually, it’s the celebs who walk aaway with honours when it comes to goof-ups and slip-ups in the world of media and entertainment; but once in a blue-moon, the blue-eyed boys do steal the show with billion-dollar bloopers! A few such rare moments follow...
Virgin Records, a British record label founded in 1972, was sold by Branson to Thorn EMI in June 1992 for a reported $1 billion, with a special non-competition clause that prevented Branson from founding another recording company over the following five years post-deal. Branson had a choice: to either sell-off his airline baby, Virgin Atlantic or his records business. In the process, he sold-off a profitable business (Virgin Records), to save a business which was in trouble, and was incurring losses. Even Time magazine documents that the sale of Virgin Records to Thorn EMI was the biggest mistake that Branson ever made. Today, Virgin Records is part of EMI, and is the 3rd largest music company in the world, and Virgin Atlantic is reportedly making losses.
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Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM - FLP (Flexi Learning Program)
