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Firm Profitability During the Servitization Process in the Music Industry
Author(s) -
Myrthianos Vasileios,
VendrellHerrero Ferran,
Parry Glenn,
Bustinza Oscar F.
Publication year - 2014
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.1979
Subject(s) - profitability index , revenue , business , music industry , process (computing) , industrial organization , finance , computer science , art , visual arts , music education , operating system
Music industry revenues are highly correlated with firm profitability, which on average is below the risk‐free bank interest rate after the digital disruption.