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Online music wars: battle of the brands
It’s been a big spring for duets in the world of online music sales. First came the March 17 merger of CDnow Inc. and N2K Inc., who rang up sales to the tune of $98.5 million in 1998. They’re teaming to fend off Amazon.com, which rushed the stage with its offerings last summer and posted fourth-quarter music sales of $33.1 million. But now the big boys want to play. BMG Entertainment and Universal Music Group, which together control 45% of the...
Posted 12/26/2000Don DavisPost a comment
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