The day the Muzak d...
 

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[Closed] The day the Muzak died

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[url= http://news.bbc.co.uk/1/hi/business/7886024.stm ]Lifts will never be the same again[/url]


 
Posted : 12/02/2009 8:49 pm
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there will always be money marks keyboard repair.


 
Posted : 12/02/2009 8:50 pm
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[i]Muzak made the move after missing a $105m (£74m) payment to creditors.[/i]

How in the world did a company making plinky-plonky music get to owe anyone over a $100 million???


 
Posted : 12/02/2009 8:54 pm
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Staggeringly

Documents filed with a US bankruptcy court showed that the company had liabilities in the range of $100m to $500m.

A [i]range[/i] of $400 M............don't they have an accounts dept !


 
Posted : 12/02/2009 9:06 pm
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Muzak were, and no doubt still are, a huge corporation. Their founder was pretty much responsible for the idea that you can increase workers' productivity, or make people more amenable to spending money, by playing them music. I understand that for the past decade or more they have used original versions of songs rather than saxophone-led cheese-fests, but the principle's still the same.


 
Posted : 13/02/2009 9:06 am
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It owns the registered trademark "Muzak"

Well there's something to be really proud of!


 
Posted : 13/02/2009 10:32 am

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