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Compass Records

Publication date: 20 January 2017

Abstract

The cofounder of Compass Records, a small, independent music-recording company, must decide whether to “produce and own” the next album of an up-and-coming folk musician or simply “license” her finished recording. This case presents information sufficient to build cash-flow forecasts for either investment alternative. Discounted cash flow (DCF) analysis reveals that licensing will be the more attractive alternative unless the student assesses the value of the options for follow-on albums included in the “produce-and-own” contract.

Keywords

Citation

Bruner, R.F., Eades, K.M. and Carr, S. (2017), "Compass Records", . https://doi.org/10.1108/case.darden.2016.000077

Publisher

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University of Virginia Darden School Foundation

Copyright © 2005 by the University of Virginia Darden School Foundation, Charlottesville, VA. All rights reserved.

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