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1954:
38:
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In
November 2002, Bertelsmann announced it would close CDnow's Fort Washington facility and lay off the company's remaining 33 employees. Later that month, they signed a deal to outsource CDnow website operations to Amazon. The new deal retained a revised version of the BMG Direct model called the
296:"Preferred Buyers Club", offering a 20% discount for club-edition records; all other music was sold at standard Amazon prices. In 2011, the CDnow.com URL was redirected to a maintenance notice, and in 2013, it was permanently taken offline.
197:. In December 1994, CDNow claimed to be the first company that allowed people to buy albums online. At the time, it said it had over 140,000 different albums available for purchase on its web site. In 1995, an article in the
272:
published a cover article called "Burning Up", which noted that the company was running out of cash. In March 2000, the
Columbia House merger was called off. In June 2000, the company closed its London office to cut costs.
288:
million (~$ 204 million in 2023), a price that was down over 90% from the valuation of the company at its peak in April 1998. The founding Olim brothers received a total of $ 17
546:
203:
said that CDNow had brought the web "one step closer to the day when artists will market directly to consumers, cutting out distributors such as record labels."
186:
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million. In April 2001, the company cut 40 employees, 10% of its staff. In August 2001, the company closed its
Japanese website and laid off 200 employees.
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CDNow was among the first of the
Internet companies to show signs of struggle with the dot-com business model. On March 20, 2000, as the
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acquired the company, intending to combine it with its BMG Direct record club as a new venture called BeMusic, and eventually add
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was contracted to operate the website. At its peak, it employed over 750 people and had offices in
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234:. On March 17, 1999, CDNow acquired its largest competitor, another Philadelphia area company,
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338:"CDNow: 3 lessons from Fort Washington-based pioneering 1990s-era online music retailer"
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as a drop-ship fulfillment center. With three employees, the company moved near the
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and Jazz
Central Station. In July 1999, the company announced a deal to merge with
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2011:
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service in August 1994, CDNow became a retail website in
September 1994 using
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campaign, and was an innovator in preference-based retail recommendations,
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246:, establishing a new public company jointly held by CDNow's shareholders,
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billion (~$ 1.74 billion in 2023). In July 2000, it was acquired by
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403:
Listening Boom: Music-Oriented Sites Lead the World Wide Web Hit Parade
226:, the use of editorial content as a means to promote interest internet
210:
million and in
February 1998, with 100 employees, the company became a
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637:"Web Seller CDnow Cuts More Staff Amid Integration With Music Club"
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million (~$ 197 million in 2023); shortly thereafter
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187:
Lower
Gwynedd Township, Montgomery County, Pennsylvania
121:
and music-related products. In April 1998, during the
678:"The song's over for CDNow: Last employees set to go"
575:"CDNow Deal With Sony and Time Warner Is Called Off"
165:
CDnow was founded in
February 1994 by twin brothers
501:"Columbia House merging with online retailer CDNow"
573:
523:
1822:Amazon.com Inc v Canada (Commissioner of Patents)
547:"CDnow Stock Drops After Report It's Low On Cash"
2829:
758:The CDnow Story: Rags to Riches on the Internet
359:The CDnow Story: Rags to Riches on the Internet
169:and Matthew Olim in their parents' basement in
2873:Defunct retail companies of the United States
1982:
782:
1815:Amazon.com, Inc. v. Barnesandnoble.com, Inc.
724:
662:The Times Herald (Norristown, Pennsylvania)
588:
538:
284:to the service. Bertelsmann paid just $ 117
160:
1989:
1975:
1896:List of mergers and acquisitions by Amazon
789:
775:
521:
36:
2716:Trial of Kenneth Lay and Jeffrey Skilling
706:"Bertelsmann to Let Amazon.com Run CDNow"
206:In 1997, the company had revenues of $ 18
189:and a couple years later it moved to the
2868:Retail companies disestablished in 2000
2863:Internet properties established in 1994
703:
699:
697:
675:
657:"CDNow staff to dip at Fort Washington"
571:
544:
493:
478:
444:U.S. Securities and Exchange Commission
380:
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315:Valania, Jonathan (February 27, 2002).
314:
113:was a dot-com company that operated an
14:
2853:American companies established in 1994
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310:
308:
1970:
770:
634:
472:
450:
384:Beach, Patrick (December 22, 1994). "
335:
2858:Retail companies established in 1994
2784:Enron: The Smartest Guys in the Room
1891:List of Amazon products and services
1808:Perfect 10, Inc. v. Amazon.com, Inc.
694:
375:
356:
350:
125:, the company was valued at over $ 1
2838:1994 establishments in Pennsylvania
718:
704:Hansell, Saul (November 26, 2002).
635:Miles, Stephanie (April 18, 2001).
628:
522:Willoughby, Jack (March 20, 2000).
329:
305:
238:, whose online properties included
191:Strawbridge & Clothier building
24:
1996:
752:
649:
432:
25:
2889:
676:Kanaley, Reid (9 November 2002).
479:Glasner, Joanna (July 13, 1999).
218:. CDNow then embarked on a large
2812:
2811:
1953:
1952:
821:(Founder and Executive Chairman)
596:"CDNow reportedly closes office"
572:Richtel, Matt (March 14, 2000).
545:Garrity, Brian (21 March 2000).
481:"CDNow, Columbia House to Merge"
401:Kaplan, Karen (July 12, 1995). "
390:The Des Moines Register Datebook
336:Reyes, Juliana (July 31, 2012).
2308:Digital Convergence Corporation
1911:Statistically improbable phrase
1571:American International Pictures
669:
608:
601:American City Business Journals
565:
515:
420:"CDnow goes public with a bang"
357:Olim, Jason (January 1, 1999).
412:
395:
13:
1:
2848:2000 mergers and acquisitions
2843:1998 initial public offerings
1937:Congress of Essential Workers
299:
143:Fort Washington, Pennsylvania
7:
2655:WebChat Broadcasting System
392:(Des Moines, Iowa). p. 10D.
179:Valley Records Distributors
50:; 30 years ago
10:
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1707:Digital Photography Review
796:
257:
173:. Initially launched as a
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2498:NorthPoint Communications
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2004:
1950:
1929:
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1799:
1644:
1623:
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1425:
1303:
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999:Amazon University Esports
949:
940:
890:
840:
811:
804:
683:The Philadelphia Inquirer
98:
82:
74:
62:
44:
35:
2418:Interactive Intelligence
1583:Kindle Direct Publishing
1541:Breakthrough Novel Award
898:List of Amazon locations
616:"Bertelsmann buys CDNow"
458:"CDNow: Now is the Time"
195:Jenkintown, Pennsylvania
161:Establishment and growth
1762:Reflexive Entertainment
1238:Product Advertising API
1054:Goodreads Choice Awards
642:The Wall Street Journal
278:Bertelsmann Music Group
216:initial public offering
131:Bertelsmann Music Group
27:Online shopping company
1856:Community Banana Stand
1546:Best Books of the Year
2752:The Industry Standard
2701:Irrational exuberance
1886:List of Amazon brands
407:The Los Angeles Times
317:"CD Then ... and Now"
183:Penllyn train station
2650:Vignette Corporation
2448:The Learning Company
690:on 16 February 2003.
428:. February 10, 1998.
220:Internet advertising
171:Ambler, Pennsylvania
103:Ambler, Pennsylvania
2745:Conspiracy of Fools
2738:Blood on the Street
2605:Tradex Technologies
2218:Akamai Technologies
2167:Kaleil Isaza Tuzman
1921:Worker organization
1556:Metro-Goldwyn-Mayer
827:(President and CEO)
322:Philadelphia Weekly
228:affiliate marketing
32:
2798:Valley of the Boom
2706:Sarbanes–Oxley Act
2573:Scout Electromedia
2348:Epidemic Marketing
1942:Amazon Labor Union
1615:Whole Foods Market
1551:Amazon MGM Studios
1333:Digital Game Store
977:Double Helix Games
725:Internet Archive.
711:The New York Times
665:. August 31, 2001.
581:The New York Times
48:February 1994
30:
2825:
2824:
2625:USinternetworking
2493:Network Solutions
2238:Blue Coat Systems
2223:Alteon WebSystems
2208:Actua Corporation
2162:Scott D. Sullivan
2147:Michael J. Saylor
2062:Charlie Gasparino
1964:
1963:
1876:History of Amazon
1795:
1794:
1536:Amazon Publishing
886:
885:
863:Christopher North
764:and Matthew Olim
737:on August 7, 2011
731:cdnow.com archive
468:. March 18, 1999.
446:. March 17, 1999.
386:Tunes on Infobahn
361:. Top Floor Pub.
343:Technically Media
200:Los Angeles Times
108:
107:
16:(Redirected from
2885:
2815:
2814:
2721:WorldCom scandal
2635:VA Linux Systems
2553:Redback Networks
2423:Internet America
2338:Egghead Software
2293:Cyberian Outpost
2253:Broadband Sports
2213:Airspan Networks
2172:Julie Wainwright
2152:Jeffrey Skilling
2137:Stephan Paternot
1991:
1984:
1977:
1968:
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1636:Amazon Prime Air
947:
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733:. Archived from
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686:. Archived from
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632:
626:
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624:. July 20, 2000.
612:
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604:. June 19, 2000.
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549:. Archived from
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511:. July 13, 1999.
509:Associated Press
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117:website selling
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2769:Broadcast media
2764:
2759:The PayPal Wars
2725:
2684:
2378:Global Crossing
2313:Digital Insight
2278:Cobalt Networks
2248:Books-A-Million
2233:Arthur Andersen
2181:
2017:Marc Andreessen
2012:Daniel Aegerter
2000:
1995:
1965:
1960:
1946:
1925:
1906:MacKenzie Scott
1834:
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1640:
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1519:
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1421:
1299:
1145:
1139:
1071:Box Office Mojo
1024:Book Depository
994:Amazon Robotics
989:Amazon Pharmacy
942:
936:
920:Principal Place
882:
878:Brian Valentine
836:
800:
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755:
753:Further reading
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240:Music Boulevard
232:email marketing
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115:online shopping
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2878:Dot-com bubble
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2711:Telecoms crash
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2600:TIBCO Software
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2528:PLX Technology
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2102:Timothy Koogle
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2072:Alan Greenspan
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2067:Richard Grasso
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2052:Bernard Ebbers
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2042:Cynthia Cooper
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2037:James H. Clark
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1998:Dot-com bubble
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1083:Kuiper Systems
1080:
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1073:
1063:
1058:
1057:
1056:
1046:
1041:
1036:
1031:
1026:
1021:
1016:
1011:
1006:
1004:Annapurna Labs
1001:
996:
991:
986:
981:
980:
979:
969:
964:
959:
953:
951:
944:
938:
937:
935:
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917:
910:
905:
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894:
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870:
865:
860:
855:
850:
844:
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837:
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834:
828:
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815:
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627:
607:
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553:on 8 June 2010
537:
514:
492:
471:
449:
431:
411:
394:
374:
367:
349:
328:
303:
301:
298:
276:In July 2000,
264:dot-com bubble
259:
256:
244:Columbia House
230:programs, and
212:public company
162:
159:
123:dot-com bubble
106:
105:
100:
96:
95:
90:, Acquired by
84:
80:
79:
76:
72:
71:
64:
60:
59:
46:
42:
41:
26:
9:
6:
4:
3:
2:
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2728:
2722:
2719:
2717:
2714:
2712:
2709:
2707:
2704:
2702:
2699:
2697:
2696:Enron scandal
2694:
2693:
2691:
2687:
2681:
2678:
2676:
2673:
2671:
2668:
2666:
2663:
2661:
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2623:
2621:
2620:United Online
2618:
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2606:
2603:
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2598:
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2588:
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2563:Ritmoteca.com
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2499:
2496:
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2491:
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2486:
2484:
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2479:
2476:
2474:
2473:MicroStrategy
2471:
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2259:
2258:Broadcast.com
2256:
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2163:
2160:
2158:
2157:Eliot Spitzer
2155:
2153:
2150:
2148:
2145:
2143:
2140:
2138:
2135:
2133:
2130:
2128:
2127:Kevin O'Leary
2125:
2123:
2120:
2118:
2115:
2113:
2112:Arthur Levitt
2110:
2108:
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2100:
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2035:
2033:
2032:Henry Blodget
2030:
2028:
2025:
2023:
2020:
2018:
2015:
2013:
2010:
2009:
2007:
2003:
1999:
1992:
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1837:
1831:
1830:
1829:FTC v. Amazon
1826:
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1163:Amazon Aurora
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985:
984:Amazon Lab126
982:
978:
975:
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968:
967:Amazon Clinic
965:
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849:
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845:
843:
839:
832:
831:Werner Vogels
829:
826:
823:
820:
817:
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736:
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552:
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541:
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158:
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152:
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147:New York City
144:
140:
132:
124:
120:
119:compact discs
116:
112:
104:
101:
97:
93:
89:
85:
81:
77:
73:
68:
65:
61:
47:
43:
39:
34:
19:
2796:
2789:
2782:
2775:
2757:
2750:
2743:
2736:
2730:Publications
2675:World Online
2590:theGlobe.com
2558:Register.com
2453:Liquid Audio
2283:Commerce One
2262:
2122:PayPal Mafia
2097:Gerry Kearby
2092:Howard Jonas
2087:Jeff Hawkins
2077:Jack Grubman
1881:LibraryThing
1846:Amazon Light
1827:
1820:
1813:
1806:
1747:MGM Holdings
1737:LivingSocial
1692:Dash buttons
1686:
1672:Amazon Books
1605:Amazon Fresh
1531:Amazon Games
1378:Prime Pantry
1343:Kindle Store
1153:Web Services
972:Amazon Games
950:Subsidiaries
941:Products and
931:Bellevue 600
929:
912:
848:Rick Dalzell
757:
756:
739:. Retrieved
735:the original
730:
720:
709:
688:the original
681:
671:
660:
651:
640:
630:
619:
610:
599:
590:
579:
567:
555:. Retrieved
551:the original
540:
529:
525:"Burning Up"
517:
505:Deseret News
495:
484:
474:
452:
434:
423:
414:
409:. p. D1, D7.
406:
397:
389:
358:
352:
341:
331:
320:
294:
275:
267:
261:
224:online video
205:
198:
164:
110:
109:
99:Headquarters
86:Acquired by
70:Matthew Olim
2791:Startup.com
2645:VerticalNet
2595:Think Tools
2323:DoubleClick
2298:CyberRebate
2198:360networks
2117:Mary Meeker
2107:Kenneth Lay
2082:Josh Harris
2022:Bob Bernard
1787:Withoutabox
1717:Endless.com
1702:Diapers.com
1677:Amie Street
1588:YES Network
1397:Marketplace
1383:Prime Video
1368:Prime Music
1253:Rekognition
1198:ElastiCache
1088:One Medical
873:Tom Szkutak
868:Ram Shriram
727:"cdnow.com"
557:21 December
248:Time Warner
155:Los Angeles
111:CDnow, Inc.
94:, shut down
88:Bertelsmann
31:CDnow, Inc.
2832:Categories
2538:Pseudo.com
2503:Palm, Inc.
2468:MarchFirst
2398:HomeGrocer
2388:Handspring
2177:Jerry Yang
2132:Jason Olim
2057:David Filo
2027:Jeff Bezos
1800:Litigation
1752:Mobipocket
1732:Liquavista
1722:Fire Phone
1631:Amazon Air
1515:Lumberyard
1493:Technology
1311:Amazon.com
1173:CloudFront
1034:ComiXology
1029:BookFinder
1014:Blink Home
891:Facilities
858:Tony Hsieh
853:Paul Davis
825:Andy Jassy
819:Jeff Bezos
762:Jason Olim
440:"Form 8-K"
368:0966103262
300:References
167:Jason Olim
92:Amazon.com
67:Jason Olim
2610:Transmeta
2548:Razorfish
2543:Radvision
2478:Net2Phone
2458:LookSmart
2438:Kozmo.com
2408:InfoSpace
2393:Healtheon
2373:GeoCities
2358:Flooz.com
2273:CMGI Inc.
2186:Companies
2047:Bob Davis
1861:Criticism
1767:Sellaband
1757:PlanetAll
1697:Dash wand
1652:43 Things
1624:Logistics
1610:Amazon Go
1450:Echo Buds
1373:Prime Now
1268:SageMaker
1223:Lightsail
1168:Beanstalk
1146:computing
1103:Neighbors
1049:Goodreads
1019:Body Labs
741:August 7,
133:for $ 117
2817:Category
2777:e-Dreams
2670:WorldCom
2660:Websense
2513:Pets.com
2488:Netscape
2428:iVillage
2403:Infoseek
2383:govWorks
2203:AboveNet
2142:Jim Rutt
1958:Category
1871:Fishbowl
1777:TenMarks
1772:Shelfari
1742:LoveFilm
1727:Lexcycle
1667:Amapedia
1657:Askville
1465:Fire HDX
1417:Wireless
1353:Payments
1328:Appstore
1304:Services
1283:SimpleDB
1258:Route 53
1248:Redshift
1178:DynamoDB
1125:Woot.com
1115:Souq.com
1093:PillPack
962:AbeBooks
943:services
531:Barron's
269:Barron's
2689:History
2533:Prodigy
2523:Pixelon
2483:NetBank
2413:Inktomi
2368:Gadzoox
2268:Chemdex
2243:Boo.com
1500:1-Click
1472:Fire TV
1460:Fire HD
1426:Devices
1406:Wondery
1338:Fire OS
1233:Neptune
1208:Glacier
1110:Shopbop
1076:IMDbPro
1061:Graphiq
1039:Freevee
1009:Audible
925:Spheres
903:Doppler
812:Current
466:Reuters
282:Napster
266:burst,
258:Decline
214:via an
75:Defunct
63:Founder
55:1994-02
53: (
45:Founded
2680:Yahoo!
2665:Webvan
2568:Savvis
2518:PFSweb
2508:PayPal
2353:Excite
2318:Divine
2228:Amazon
2005:People
1930:Unions
1901:Locker
1681:Songza
1645:Former
1598:Retail
1510:Obidos
1505:Dynamo
1484:Kindle
1388:Sports
1218:Lambda
1130:Zappos
1120:Twitch
957:A9.com
841:Former
805:People
798:Amazon
365:
290:
286:
208:
175:Telnet
153:, and
151:London
139:Amazon
135:
127:
18:CD Now
2640:Verio
2630:UUNET
2585:Terra
2463:Lycos
2363:Freei
2343:Enron
2333:eGain
2303:Digex
2288:Covad
2263:CDNow
1839:Other
1712:Drive
1687:CDNow
1590:(15%)
1524:Media
1477:Stick
1433:Astro
1402:Music
1358:Prime
1323:Alexa
1316:China
1228:MTurk
1144:Cloud
1044:Fresh
908:Day 1
833:(CTO)
486:Wired
462:Wired
2615:uBid
2578:modo
2433:iWon
2328:eBay
2193:3Com
1916:Vine
1851:ASIN
1576:MGM+
1455:Fire
1443:Show
1438:Echo
1412:Silk
1348:Luna
1213:Glue
1135:Zoox
1098:Ring
1066:IMDb
743:2011
559:2018
425:CNET
363:ISBN
252:Sony
250:and
83:Fate
78:2013
1865:tax
1363:Key
1293:VPC
1288:SQS
1278:SNS
1273:SES
1243:RDS
1203:EMR
1193:EFS
1188:EC2
1183:EBS
1158:AMI
914:HQ2
760:by
621:CNN
405:".
388:".
236:N2K
193:in
185:in
2834::
1263:S3
729:.
708:.
696:^
680:.
659:.
639:.
618:.
598:.
578:.
528:.
507:.
503:.
483:.
464:.
460:.
442:.
422:.
377:^
340:.
319:.
307:^
254:.
157:.
149:,
145:,
1990:e
1983:t
1976:v
1867:)
1863:(
1683:)
1679:(
1408:)
1404:(
790:e
783:t
776:v
745:.
714:.
645:.
584:.
561:.
534:.
489:.
371:.
346:.
325:.
57:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
