Bertlesmann, the privately held German company that's the parent of BMG Entertainment, will purchase wildly popular but financially beleaguered online music destination CDNow in an all-cash ...

It’s been a decade since pioneering online music retailer CDNow shuttered its Fort Washington office. In honor of the occasion — much of the old team had its 10-year reunion earlier this summer — ...

Most Net users and e-commerce watchers haven't heard a great deal about CDNow lately. But that might be the way the former high-flier wants it. After CDNow dominated the e-commerce headlines in 2000 ...

Bertelsmann's purchase of CDnow is a slap upside the head of investors dabbling in washed out Net stocks. It says the stocks might not be worth more than they are now. to merge CDnow with Columbia ...

$17.4 million isn't bad for five years' work. That's the chunk of cash that brothers and CDnow co-founders Jason and Matthew Olim will split, thanks to media giant Bertelsmann, which has agreed to ...

Through the popular MP3 music format, the Internet has provided an easy medium for new bands to distribute their material. Various sites on the web give fans access to music that otherwise would be ...

NEW YORK, 21 July 2000 (MaxisNet) - German media group Bertelsmann AG said it would pay US$117 million for cash-strapped online music seller CDnow in the latest sign of the demise of some formerly ...

Bertelsmann AG's CDnow unit said it has laid off 40 people, or 10% of its staff, in the second such cost-cutting move in recent months. The online music retailer laid off 40 people from a variety ...

In the latest sign of the dot-com shakeout, Bertelsmann AG announced Thursday that it is buying struggling online music seller CDnow Inc. The big German media outfit will pay about $117 million ...

At pioneering online music retailing company CDnow, the servers were named after original Beavis and Butthead characters, like Jodie, Tanq(ueray), Lolitta [sic], McVicker, Daria and Anderson, said ...

CDNow (Nasdaq: CDNW) tumbled 12 percent Monday after Barron's reported the company was running low on cash. Barron's in its March 20 edition reported that CDNow had less than one month of cash ...