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Description: By purchasing Dr. Dre-backed Beats, Apple would gain a music subscription service and high-end headphone maker. Time to play a funeral dirge for publicly traded Pandora and Skullcandy?

Source: CNNMoney.com – video report

Date: May 09, 2014

Link: http://money.cnn.com/video/investing/2014/05/09/investing-the-buzz-apple-skullcandy-pandora-beats.cnnmoney/index.html

Questions for Discussions:

  • Why is this deal bad news for competitors like Pandora and Skullcandy?
  • Do you believe it is a good deal for Apple?

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