Muzak is discovering that blanketing public ... [It's The Economy]
Muzak is discovering that blanketing public spaces with music isn't as profitable as it used to be: The company has filed for Chapter 11 bankruptcy protection, thanks to some $100 billion to $500 billion in debt—including lots of money owed to various music-publishing concerns—and only about $50,000 in assets. [The Street via Gawker]
Idolator — Muzak is discovering that blanketing public spaces with music isn't as profitable as it used to be: The company has filed for Chapter 11 bankruptcy protection, thanks to ... more info