The cycle of disruption: As pandemic alters movie-watchers’ habits, multiplex earnings to take a knock
The company that owned the Walkman brand (synonymous with portable music devices) was nowhere to be found by the time Apple’s iTunes became the industry standard. Sony’s market valuation by 2012 was down 87 per cent from its 2003 highs (when iTunes was introduced) and down 97 per cent from the 2000 highs.
