Answer:
What gets beaten, and whipped, but never cries?
When young, I am sweet in the sun. When middle-aged, I make you gay. When old, I am valued more than ever.
What turns from red to black as soon as it touches water?
A precious fluid, thicker than water.
I'm white, I'm round, but not always around. Sometimes you see me, sometimes you don't.
A first job for many kids, this could be described as "Media Distribution Management.