4 ms·

Is a 50 year old record label old? It's weird how the article calls out the age of the record label, it means it was founded in the 70s which doesn't seem parti

Is a 50 year old record label old? It's weird how the article calls out the age of the record label, it means it was founded in the 70s which doesn't seem particularly noteworthy to me... Edit: UMG, Sony Music Group, and Warner Music Group are 89, 93, and 65 years old respectively. So I guess it's noteworthy that it's a relatively young label?

Retric 3y ago
The comparison between the age of Apple 47 and the slightly older record label is somewhat amusing in comparison to most acquisitions of much younger technology companies. https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Apple https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...
mc32 3y ago
Don’t forget Decca and Universal as well.
pavlov 3y ago
The company (BIS Records) is older than Apple itself. That's not the most common pattern in tech acquisitions. The targets are usually either small and fairly new companies that provide some new tech or talent, or large and old companies that provide an established market (e.g. Compaq buying Digital, or AOL buying Time Warner).
- ta1243 3y ago
  Apple Records is older than both
  - AdamN 3y ago
    Probably one of the few Apple trademarks with an official exclusion from Apple's ownership.
    - pavlov 3y ago
      There’s also Apple Bank which has a lot of branches in New York. They have a logo that’s even more 1970s than the Apple one: https://www.applebank.com/ https://www.applebank.com/
      - EricE 3y ago
        Credit union in northern VA too https://www.applefcu.org/ https://www.applefcu.org/
    - ta1243 3y ago
      Only since 2006, when Apple Computers paid a non-disclosed sum (reported to be £500m) to Apple Records. The earlier agreement had Apple Computer agreeing not to go into Music to avoid confusion. Apple Records, as the label of the Beatles, was hardly an unknown company
- rewmie 3y ago
  > That's not the most common pattern in tech acquisitions. I don't think any company in history ever said "I'd love to acquire that company, but I'll take a pass because it's been so successful that it managed to stay in business for so long. We definitely want none of that."
Clent 3y ago
I do not get any sense from the article that anything is being called old. Another way of saying '50 year old record label' is 'a record label that has been accumulating copyrighted material for 50 years'
deleted 3y ago
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Retric 3y ago

The comparison between the age of Apple 47 and the slightly older record label is somewhat amusing in comparison to most acquisitions of much younger technology companies. https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Apple https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...

mc32 3y ago

Don’t forget Decca and Universal as well.

pavlov 3y ago

The company (BIS Records) is older than Apple itself. That's not the most common pattern in tech acquisitions. The targets are usually either small and fairly new companies that provide some new tech or talent, or large and old companies that provide an established market (e.g. Compaq buying Digital, or AOL buying Time Warner).

ta1243 3y ago
Apple Records is older than both
- AdamN 3y ago
  Probably one of the few Apple trademarks with an official exclusion from Apple's ownership.
  - pavlov 3y ago
    There’s also Apple Bank which has a lot of branches in New York. They have a logo that’s even more 1970s than the Apple one: https://www.applebank.com/ https://www.applebank.com/
    - EricE 3y ago
      Credit union in northern VA too https://www.applefcu.org/ https://www.applefcu.org/
  - ta1243 3y ago
    Only since 2006, when Apple Computers paid a non-disclosed sum (reported to be £500m) to Apple Records. The earlier agreement had Apple Computer agreeing not to go into Music to avoid confusion. Apple Records, as the label of the Beatles, was hardly an unknown company
rewmie 3y ago
> That's not the most common pattern in tech acquisitions. I don't think any company in history ever said "I'd love to acquire that company, but I'll take a pass because it's been so successful that it managed to stay in business for so long. We definitely want none of that."

Clent 3y ago

I do not get any sense from the article that anything is being called old. Another way of saying '50 year old record label' is 'a record label that has been accumulating copyrighted material for 50 years'

deleted 3y ago

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