Question: Step 1: Read the BeyonceHBS case study. Step 2: Answer the following questions in a discussion post: Do you feel this was a gamble worth
Step 1:Read the BeyonceHBS case study.
Step 2:Answer the following questions in a discussion post:
- Do you feel this was a gamble worth making for Beyonce and her team at Parkwood?
- In what way is the launch different from more traditional music releases?How should we evaluate the innovative launch in the context of an evolving music industry?
- Do you think the concerns about possible adverse reactions, for instance from traditional music retailers, are warranted? Is there anything the team can do to address those concerns?
- Sony Music's label Columbia Records, with whom Parkwoodpartnered on recorded-music activities, shares the cost of the album. Do you feel they should have signed off on the launch strategy or should they have insisted on any changes?
- What do these developments suggest about the role and power of supsterstars like Beyonce -- and their companies like Parkwood -- in the music industry?
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