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Troy music distributor dissolving, cutting 260 jobs | Freep.com | Detroit Free Press

Idolator: Music News, Reviews, And Gossip found this 6/2/2008 on freep.com

Handleman Co. of Troy announced this morning it would exit the music business in North America, resulting in the loss of 260 jobs in Troy and Indianapolis. The music distributor's business model was becoming increasingly outdated as more people download their music. “Our decision to exit the North American music business was difficult but unavoidable,” said Albert A. Koch, president and chief ...

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