Marketplace
Issue: 1978 June - Page 10
MARKETPLACE
NEWSLETT ER
PAGE 11 , JU NE, 1978
There's no longer any doubt whatever , at least for those operators who plan to be
in this most fascinating business of coin automation in 1980 and, perhaps , thruout the
decade of the ' 80s , that the location commission arrangement recommended by "Marketplace"
since the beginning of the ' ?Os , must come into being immediately.
It is well known and accepted by all engaged in the industry that prices , both for
new and used machines , are at the highest peak in history - and going higher . That over-
head expenses are higher than ever before known in this industry - and going higher.
That taxes on federal , state and local levels , have never been so high - and are going
higher .
To add to the above which, of itsel f , is sufficiently disheartening ,
that the jukebox business is faced with paying royalty- tribute to ASCAP,
other copyright owners , so that the possibility for profitable operating
fades into most complete disbelief . There is no doubt that the copyright
demand and get a percentage of the gross jukebox take from every jukebox
That forever ends jukebox operation for profit .
is the fact
BMI, all the
during the ' 80s ,
owners will
in the land.
Automatic vending , with the exception, so far, of cigaret machines , is plagued by
continuing inflationary costs which have beat off the public . But vending operators
have cut commissions to the bone and, somehow, look ahead to better days . The conglom-
erates dominate vending today . They will , very soon, dominate jukebox operating. They
alone have the finance to continue this one- sided battle for profit .
Game rooms , mini- arcades , family entertairnnent centers lead t he way . These are the
new, big boom. Gaming equipment may point a new path in the ' 80s . But t o be here to
sreet the ' 80s , operators must , immediately, change over to "1-Pl ay 2- Bi ts" plus a
starvation minimum $10 "service charge" off the top of every collection and split the
balance of the collection 70/30 - 30% to the location.
NEWSLETT ER
PAGE 11 , JU NE, 1978
There's no longer any doubt whatever , at least for those operators who plan to be
in this most fascinating business of coin automation in 1980 and, perhaps , thruout the
decade of the ' 80s , that the location commission arrangement recommended by "Marketplace"
since the beginning of the ' ?Os , must come into being immediately.
It is well known and accepted by all engaged in the industry that prices , both for
new and used machines , are at the highest peak in history - and going higher . That over-
head expenses are higher than ever before known in this industry - and going higher.
That taxes on federal , state and local levels , have never been so high - and are going
higher .
To add to the above which, of itsel f , is sufficiently disheartening ,
that the jukebox business is faced with paying royalty- tribute to ASCAP,
other copyright owners , so that the possibility for profitable operating
fades into most complete disbelief . There is no doubt that the copyright
demand and get a percentage of the gross jukebox take from every jukebox
That forever ends jukebox operation for profit .
is the fact
BMI, all the
during the ' 80s ,
owners will
in the land.
Automatic vending , with the exception, so far, of cigaret machines , is plagued by
continuing inflationary costs which have beat off the public . But vending operators
have cut commissions to the bone and, somehow, look ahead to better days . The conglom-
erates dominate vending today . They will , very soon, dominate jukebox operating. They
alone have the finance to continue this one- sided battle for profit .
Game rooms , mini- arcades , family entertairnnent centers lead t he way . These are the
new, big boom. Gaming equipment may point a new path in the ' 80s . But t o be here to
sreet the ' 80s , operators must , immediately, change over to "1-Pl ay 2- Bi ts" plus a
starvation minimum $10 "service charge" off the top of every collection and split the
balance of the collection 70/30 - 30% to the location.
Future scanning projects are planned by the International Arcade Museum Library (IAML).