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3. Suppose that there was a great movement of everyone to adapt wireless music streaming such as that offered by Sonos. What would the impact
3. Suppose that there was a great movement of everyone to adapt wireless music streaming such as that offered by Sonos. What would the impact be on the competitive positions of .... a. Over the air radio stations? i. Market size ? (increase/decrease/stay them same) ii. Profitability ? 111. Number of rivals ? iv. Is this streaming service a rival or a substitute product? b. Makers of over the air radio receivers (AM/FM stereo radios)? i. Market size ? ii. Profitability ? iii. Number of rivals ? C. Content providers (recording artists, music labels) i. Market size ? ii. Profitability ? ili, Number of rivals ? d. What would Internet service providers need to do? 4. If you were the owner of an over the air radio station, what actions would you take in the face of the threat of this new technology
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