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?