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The Day Ahead: Amid Slide, CDNow Reprices Its Stock Options
News CDNow is quite busy these days explaining how the company has enough cash for now, how accountant concerns are old news, and how the company should be appreciated for its customer accounts and traffic growth.
[March 31, 2000, 13:33]
The Music May Be Over For CDNow
News Online music retailer CDNow's independent public accountant, Arthur Andersen has expressed "substantial doubt" about the US company's ability to continue as a going concern. According to its annual report filed late Tuesday with the Securities and...
[March 29, 2000, 15:41]
The Day Ahead: Online Music Earnings Nothing To Dance About
News Meanwhile, America Online merged with Time Warner and executives left CDNow hanging for two weeks before they said they supported the Columbia House-CDNow merger. CDNow missed bottom line expectations and Liquid Audio missed top line expectations.
[February 4, 2000, 11:51]
Net Music Sales Under Threat In Patent Case
News CDNow parent Bertelsmann declined to comment on the ruling. The six-year-old company has been in court since 1998, suing Bertelsmann division CDNow for violating patents filed in the late 1980s. But CDNow is likely to appeal the case if it loses in...
[February 15, 2002, 10:56]
Patent Ruling Creates Ripples On Net
News In 1998, the company sued the Internet site CDNow, owned by media titan Bertelsmann, for infringement of patents filed in the late 1980s. CDNow's parent company Bertelsmann could not be immediately reached for comment.
[November 4, 2003, 14:20]
Napster Deal Comes With A Price Tag
News The Napster site may have a link to CDNow on it, Barry indicated. The "new Napster" may also include a link to CDNow and could be used to swap other types of content, including video, Barry said during a marathon media conference.
[November 1, 2000, 7:45]
The Day Ahead: 'Band-Aid Financing' Won't Work For Some Dot-coms
News CDNow is attracting cash too. Mexican billionaire Carlos Slim Helu has bought a 9.2 percent stake in the company last week for $52.8m CDNow has enough cash to last through the second quarter, and said it hopes to have a merger or investment deal by...
[May 17, 2000, 11:50]
The Day Ahead: First Half Picks And Pans
News As of this posting, CDNow is still shopping itself. Pan: CDNow and the dot-com collapse: We got a lot of flack for comments about CDNow and other companies. For vocal CDNow shareholders, this agony has dragged on long enough.
[July 7, 2000, 13:11]
E-commerce Chief Leaves Bertelsmann
News Schmidt also led the company's acquisitions of Web retailer CDNow and of online music locker Myplay for about $30m in May. BeCG was a division of the DirectGroup run by Schmidt to develop Bertelsmann's online distribution businesses, which include...
[November 28, 2001, 14:38]
News Burst: UK Internet Firms Could Run Out Of Cash
News Similar revelations in the US led to a widespread selloff of shares; companies such as Peapod and CDNow were hit by serious financial constraints. One in four publicly-traded UK Internet companies will run out of cash in the next six months...
[May 17, 2000, 12:24]
Barnesandnoble.com Hears The Music
News Amazon.com jumped into online music sales one year ago and is considered the leading music retailer, ahead of other aggressive retailers such as CDnow Inc. The service, being introduced as part of a redesigned book-selling site that also makes its...
[July 7, 1999, 15:33]
The Day Ahead: Amazon's Number Games
News Why is it that when we compare AmazonÂ’s music sales, the nearest competitor is suddenly CDNow, instead of MusicLand? Commentary: Amazon.com appears to be having a bit of an identity crisis. Is it a retailer or an online retailer?
[September 20, 2000, 11:33]
You've Got Mail! Portals Hungry For Piece Of E-commerce Pie
News But while the mall might be the destination of choice for busy holiday shoppers in the real world, Net users tend to flock to the wired equivalent of speciality boutiques -- e-shops such as Amazon.com or CDNow.
[November 16, 1998, 14:53]
Napster Issues First Round Of Layoffs
News Earlier this week, Bertelsmann E-Commerce Group said it licensed much of Napster's technology for its own BeMusic service, which includes CDNow and the Myplay.com online music storage locker service. Napster laid off 16 people, or about 15 percent...
[October 25, 2001, 10:07]
The Day Ahead: Drkoop.com Goes Critical
News There are so many strapped dot-coms such as CDNow with expensive portal deals and no cash. Drkoop.com made a big splash last July when it inked a four-year, $89m (£56.42m) alliance with America Online.
[April 26, 2000, 12:07]
XP Music Feature Raises Antitrust Concern
News Typing an artist's name into the search box results in a list of albums, which in turn lead to links to Web stores including CDNow, Buy.com, A&B Sound Online and MusicSteps.com where the albums can be purchased.
[October 21, 2003, 10:45]
The Day Ahead: Amid Market Volatility, Common Sense Returns
News Can you say that about CDNow, eToys and other e-tailers? Following the Nasdaq's most volatile day, market psychosis is everywhere. Time for common sense to make a comeback. First the background. As you've probably noticed this morning, all the...
[April 5, 2000, 13:01]
Generation I: Tuned In, Logged On, Cashed Up, Part II
News Amazon.com, Intel, and CDNow, among their favourite sites. Snowball, which counts New Line Cinema's new-media unit as an investor, is planning an IPO with Goldman Sachs as the lead underwriter. On Feb.
[February 21, 2000, 10:34]
The Day Ahead: EToys Collapse
News Cyberian Outpost used free shipping as its marketing pitch and Amazon.com and CDNow among others handed out coupons like candy. EToys is trading at a 52-week low and is more than $3 (£1.86) shy of its May 20 IPO price.
[January 28, 2000, 12:23]
A Year Ago: Yahoo! Launches Digital Music Site
News That figure pales in comparison to Forrester's 2003 estimate of about $7bn for online CD sales by such companies as Amazon.com and CDnow. said on Monday it has launched Yahoo! Digital, a multimedia site that provides the capability to listen to and...
[August 24, 2000, 6:59]
