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The Rolling Stones' Business Model

Posted by michael on from the gathering-no-moss dept.

reallocate writes "These pages were graced a few days ago by a piece that included comments on the future of the music business from the Stones' Keith Richards. Now, here's a detailed Fortune report on the business side of the Stones -- Keith and Mick seem to know what they're doing and may not be all that concerned about the future -- the Stones have ground out $1.5 billion (yes, that's a 'b') in gross revenue since 1989."

1 of 164 comments (clear)

  1. Moderately impressive by panurge · · Score: 5, Insightful
    So Mr. Jagger is now the CEO and a major investor in an SME with a turnover of around $120M per annum. He has well chosen business associates and, presumably, a considerable degree of autonomy. And because the business is built so closely around him and his close associates, his position is rather secure. Unusually, too, he is a celebrity who is actually famous for doing something, rather than just famous for being plucked from obscurity and made famous. Pretty good

    Moral: Kids, stop trying to get on reality TV and go to economics classes.

    (This is just a plug for my new single, Smack up ma CEO of a Fortune 500 company)

    --
    Panurge has posted for the last time. Thanks for the positive moderations.