Discover and read the best of Twitter Threads about #vinyl
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Let's start our #GlobalEChats on #music!
Among our #discussion topics: 1. #Stakeholders in music and what happens to them? 2. #Production of music 3. #Consumption of music 4. New #technology out there!
Among our #discussion topics: 1. #Stakeholders in music and what happens to them? 2. #Production of music 3. #Consumption of music 4. New #technology out there!
Firstly, let's talk about how scary #technology and #advancement can be to #music.
Some stats:
The US lost $12.5 billion a year in total sales due to pirated music.
71k jobs were lost; $2.7bn in annual earnings; $1.1bn of that would have been earned by the industry.
Some stats:
The US lost $12.5 billion a year in total sales due to pirated music.
71k jobs were lost; $2.7bn in annual earnings; $1.1bn of that would have been earned by the industry.
Source:
sheffieldav.com/education/how-…
But as with any #tech #disruption, there are always negative externalities.
In the #music industry, most of the bad press came from #piracy. Sites like Napster and P2P torrenting were rampant back in the day.
sheffieldav.com/education/how-…
But as with any #tech #disruption, there are always negative externalities.
In the #music industry, most of the bad press came from #piracy. Sites like Napster and P2P torrenting were rampant back in the day.
#akshar chemicals - FY20 would be a yr to watch. Rev/PAT going 2x, ebitda% improving ~15% to 20% as major contribution frm pigments and silica. Margins wd be more stable due to lower contribution from dye intermediates. #bodal chemicals #kiri chemucals #shree pushkar
Fairly valued at 15x at 610. Though 2 yr fwd is ~8x. #Vinyl Sulphone and #H Acid realizations have stabilized now from peaks due to #China factor last year. Capex permissions are not easy to get with dye intermediates being highly toxic.
Pigments and silica doesn't get impacted by China factor, as being products for domestic market. #Akshar Chem
