Advertisement
 
YOU ARE HERE: LAT HomeCollectionsCdnow N2k Inc
IN THE NEWS

Cdnow N2k Inc

FEATURED ARTICLES
BUSINESS
October 24, 1998 | From Reuters
CDnow Inc. and N2K Inc., two of the biggest players in online music retailing, said they agreed to merge in a stock deal worth about $101.8 million, a move that would create an Internet music seller with about 1.2 million customers. The merged company, to be called CDnow/N2K Inc., would compete with cyberspace rival Amazon.com Inc., a Web bookseller that in June began selling CDs to more than 3.5 million customers.
ARTICLES BY DATE
BUSINESS
October 24, 1998 | From Reuters
CDnow Inc. and N2K Inc., two of the biggest players in online music retailing, said they agreed to merge in a stock deal worth about $101.8 million, a move that would create an Internet music seller with about 1.2 million customers. The merged company, to be called CDnow/N2K Inc., would compete with cyberspace rival Amazon.com Inc., a Web bookseller that in June began selling CDs to more than 3.5 million customers.
Advertisement
BUSINESS
May 3, 2000 | From Bloomberg News
Healtheon/WebMD Corp. said its first-quarter loss widened in line with analyst expectations as revenue nearly quadrupled. Healtheon, an Internet site linking insurers, doctors and patients, said it lost $431.5 million, or $2.47 a share, up from $18.6 million, or 30 cents, a year earlier, because of marketing and acquisition costs. Excluding $358.5 million in amortization and depreciation, the company had an operating loss of $85.9 million, or 49 cents a share, contrasted with a loss of $11.
Los Angeles Times Articles
|