CDNOW, Inc. · New York, NY United States
Company Description
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This link will open in a new window As impatient as its name suggests, CDNOW is eager to place its wares in customers' hands. The online music retailer offers its 5 million customers about 500,000 items, including CDs, DVDs, and videos, as well as music downloads and related content (including sound samples, biographies, reviews, news, and feature articles). German media giant Bertelsmann owns CDNOW; it and BMG Music Service are subsidiaries of Columbia House , which in turn forms part of the DirectGroup Bertelsmann division. CDNOW's Web site is operated through a partnership with its former archrival, Amazon.com , under which Amazon handles all Web site operations, including inventory management, customer service, and shipping. To read the full description, subscribe now.
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Key CDNOW, Inc. Financials
| Company Type | |
| Sales (mil.) | $6.3 |
| Employees | 90 |
CDNOW, Inc. Executives
3 executives listed for CDNOW, Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| President and CEO | Stuart Goldfarb | Network |
| EVP Marketing | Sharon Siegel | Network |
| SVP Communications | Paula Baston | Network |
Competition
Competitive Landscape for CDNOW, Inc.
Demand is driven by consumer spending. The profitability of individual companies depends on discovering and promoting new musical talent and generating revenue from the company’s asset base of recordings and publications. Large companies have advantages in marketing and distribution. Smaller companies, referred to as Indies, compete by focusing on artists within local markets or music genres. The industry is capital-intensive: average annual revenue per employee is about $475,000. To read the full description, subscribe now.Top CDNOW, Inc. Competitors
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