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Music and Arts which is owned by Guitar center is expanding quickly. How solid are they financially?

In: Business & Finance, Entertainment & Arts [Edit categories]

Answer:

Music and Arts is not in danger of bankruptcy or going out of business. The rumor that Music and Arts is not financially sound comes from the fact that the SCHOOL music retail business is so much more service-based than the rest of the music retail industry, thus is more expensive operationally.

First answer by Skbass88. Last edit by Skbass88. Contributor trust: 8 [recommend contributor ]. Question popularity: 28 [recommend question].

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