Description: It may seem a bit strange, but cassettes are now showing up again in music stores. With artists such as Taylor Swift and The Weekend including this retro-form as a medium of distribution for their new offerings, there’s definitely some shelf space opening up for a format once thought to be obsolete. Part of the challenge with cassettes is finding the right gear to play them on.
Date: December 4, 2022
1) Do you or any of your university classmates own a cassette player and listen to music on cassette?
2) What do you think is behind the return of the cassette?
3) Page 5-17 of Wiley’s Financial Accounting: Tools for Business Decision-Making mentions Best Buy, a major electronics retailer. Do a bit of research to see if Best Buy stocks any cassette players. If you were a decision-maker at Best Buy would you advise the company to pursue the cassette market?