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Chaos.com
Chaos.com was an Australian online retailer based in Melbourne, that sold CDs, DVDs, Games, Books and Music Downloads over the Internet. Similar to Amazon.com, Chaos.com shipped to all countries around the world. The website was founded in Sydney, Australia by its CEO Rob Appel in 1995, it was the first Australian retailer to sell music over the Internet. History Established in 1995 by Rob Appel under the name Chaos Music Market it was one of the pioneers of Australian e-commerce and was able to grow quickly in its early years through an association with Australia's largest ISP at the time, OzEmail. Initially the service was located at the URL www.cmm.com.au, then moved to www.chaosmusic.com in 1998 and finally to www.chaos.com in 2003. The Chaos.com domain was previously registered to Professor Tony Rutkowski and used as a Chaos Theory discussion area before it was sold to Chaos Group Limited in 2003. During the dot com boom Chaos attracted the attention of Sydney entreprene ...
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Malcolm Turnbull
Malcolm Bligh Turnbull (born 24 October 1954) is an Australian former politician and businessman who served as the 29th prime minister of Australia from 2015 to 2018. He held office as leader of the Liberal Party of Australia. Turnbull graduated from the University of Sydney as a Bachelor of Arts and a Bachelor of Laws, before attending Brasenose College, Oxford as a Rhodes Scholar, earning a Bachelor of Civil Law degree. For more than two decades, he worked as a journalist, lawyer, merchant banker, and venture capitalist. He served as Chair of the Australian Republican Movement from 1993 to 2000, and was one of the leaders of the unsuccessful "Yes" campaign in the 1999 republic referendum. He was first elected to the Australian House of Representatives as a member of parliament (MP) for the division of Wentworth in New South Wales at the 2004 election, and was Minister for the Environment and Water in the Howard government from January 2007 until December 2007. After ...
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Chaos
Chaos or CHAOS may refer to: Arts, entertainment and media Fictional elements * Chaos (''Kinnikuman'') * Chaos (''Sailor Moon'') * Chaos (''Sesame Park'') * Chaos (''Warhammer'') * Chaos, in ''Fabula Nova Crystallis Final Fantasy'' * Chaos, in ''Loom'' (video game) * Chaos, a character in the ''Sonic the Hedgehog'' series * Chaos, in ''The Power of Five'' * chaos, in ''Xenosaga'' * Chaos, in ''King of Cards'' * Chaos, in ''Nanatsu no Taizai'' Film and television * ''Chaos'' (2000 film), a Japanese mystery-thriller * ''Chaos'' (2001 film), a French comedy-drama * ''Chaos'' (2005 action film), an action thriller * ''Chaos'' (2005 horror film), an American horror film * ''Chaos'', a 2006 Polish film directed by Xawery Zulawski * ''Chaos'' (2008 film), a Hong Kong action thriller * ''Kaos'' (film) (''Chaos'' in the U.S.), a 1984 Italian film * ''Le Chaos'', a 2007 Arabic language film * ''CHAOS'' (TV series), 2011 * "Chaos", a 1986 episode of '' The Transformers'' ...
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Australian Stock Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance amo ...
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CDBaby
CD Baby, Inc. is an online distributor of independent music. The company was described as an "anti-label" by its parent company's Chief Operating Officer Tracy Maddux. The CD Baby music store was shut down in March 2020 with a statement that "CD Baby retired our music store in March of 2020 in order to place our focus entirely on the tools and services that are most meaningful to musicians today and tomorrow." In 2019, CD Baby was the only digital aggregator with top preferred partner status with both Spotify and Apple Music, and it was home to more than 650,000 artists and nine million tracks that were made available to over 100 digital services and platforms around the globe as of May 2019. The firm, as of 2018, operated out of Portland, Oregon, with offices in New York City and London. History CD Baby was founded in 1998 by Derek Sivers during the dot-com craze. In 2000, the firm moved to Portland, Oregon, where they remain headquartered today. In 2004, CD Baby began offer ...
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Distribution (business)
Distribution (or place) is one of the four elements of the marketing mix. Distribution is the process of making a product or service available for the consumer or business user who needs it. This can be done directly by the producer or service provider or using indirect channels with distributors or intermediaries. The other three elements of the marketing mix are product, pricing, and promotion. Decisions about distribution need to be taken in line with a company's overall strategic vision and mission. Developing a coherent distribution plan is a central component of strategic planning. At the strategic level, there are three broad approaches to distribution, namely mass, selective and exclusive distribution. The number and type of intermediaries selected largely depend on the strategic approach. The overall distribution channel should add value to the consumer. Definition Distribution is fundamentally concerned with ensuring that products reach target customers in the most d ...
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Public Entity
A statutory corporation is a government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, thus, they are statutes owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the government glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory authority that is a body corporate", and the New South Wales Governme ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Deloitte
Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of professionals in the world and is considered one of the Big Four accounting firms along with EY (Ernst & Young), KPMG and PricewaterhouseCoopers (PWC). The firm was founded by William Welch Deloitte in London in 1845 and expanded into the United States in 1890. It merged with Haskins & Sells to form Deloitte Haskins & Sells in 1972 and with Touche Ross in the US to form Deloitte & Touche in 1989. In 1993, the international firm was renamed Deloitte Touche Tohmatsu, later abbreviated to Deloitte. In 2002, Arthur Andersen's practice in the UK as well as several of that firm's practices in Europe and North and South America agreed to merge with Deloitte. Subsequent acquisitions have included Monitor Group, a large strategy consulting business, in Janu ...
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Dot Com Crash
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value. Background Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in the ...
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Lucy Turnbull
Lucinda Mary Turnbull Officer of the Order of Australia, AO (née Hughes; born 30 March 1958) is an Australian businesswoman, philanthropist, and former Local government in Australia, local government politician. She served on the Sydney City Council from 1999 to 2004, including as Lord Mayor of Sydney from 2003 to 2004 – the first woman to hold the position. She has since held positions on a number of urban planning bodies, including as chief commissioner of the Greater Sydney Commission from 2015 to 2020. Her husband Malcolm Turnbull was prime minister of Australia from 2015 to 2018. Early life and education Born Lucinda Mary Hughes, Turnbull is the daughter of Tom Hughes (Australian politician), Tom Hughes, a former Attorney-General of Australia. Her great-grandfather was Thomas Hughes (Sydney mayor), Sir Thomas Hughes, the first Lord Mayor of Sydney. She was educated at Kincoppal-Rose Bay, Frensham School in Mittagong, Sydney Girls High School and the University of Sydney ...
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Seed Capital
Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. Usage Traditionally, companies that have yet to meet listing requirements or qualify for bank loans, recognize VC as providers of financial support and value added services. Seed money can be used to pay for preliminary operations such as market research and product development. Investors can be the founders themselves, using savings and loans. They can be family members and friends of the founders. Investors can also be outside angel investors, v ...
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