03-21-2002, 04:24 AM
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Executive Editor
Join Date: Aug 2006
Posts: 29,160
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The 101 Dumbest Moments in Business
http://www.business2.com/articles/mag/print/0,1643,38604,00.html
Looking for a few chuckles? Give this article a read - here are two of my favourites...
#13: "Having earned the enmity of the five major record labels as CEO of MP3.com, Michael Robertson takes on Microsoft by launching Lindows, a Linux-based operating system that runs Windows programs. Robertson says he isn't afraid of going up against the world's most notoriously competitive company. "There were five major record labels, and there's only one Microsoft," he says. "That's an 80 percent reduction."
#95: "Having lured Mariah Carey with a $21 million signing bonus and an $80 million, five-album recording contract, EMI decides, after only one album, to pay her $28 million to go away. The net result: EMI pays $49 million for the soundtrack to Glitter."
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