Want to not support BMG..

http://news.cnet.com/news/0-1007-200-2298875.html

Bertelsmann, the German media company which owns several record labels, is
buying up online music retailer CDNow for $3 a share, or a total cash
outlay of $117million.

CDNow has been swimming in red ink for months gets a big daddy to take over
all those nagging economic problems and will continue to operate under its
own name. Bertelsmann gets a known Web quantity, albeit a
not-very-successful one (but then again, what is?) and an immediately
online retail storefront likely for less cash than it would have paid to
build one itself.



[ dj royal - [EMAIL PROTECTED] ]
[ http://dj.royaltech.net ]

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