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Rafi Mohammed

Rafi Mohammed
July 07, 2009, 3:22PM CDT

With entertainer Michael Jackson’s untimely passing, many thought that it would be curtains for AEG Live, the promoter of Jackson’s impending 50 London concerts.

 

On the hook to refund $85 million to ticket buyers, the promoter had already reportedly invested $30 million into the tour for production costs.

 

KEYWORDS aeg | Michael Jackson
July 20, 2009, 6:16PM CDT
By Rafi Mohammed

In last week's New York Times, Motoko Rich and Brad Stone wrote that “no topic is more hotly debated at the moment than the timing, pricing and ultimate impact of e-books on the financial health of publishers and retailers.”

 

The primary debate centers on how low-priced ($9.99) digital books affect demand for more expensive ($25+) hardcover books. Since digital books are more profitable to publishers, my response is “who cares?”