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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: STEAMROLLER who wrote (728)9/3/1998 2:42:00 PM
From: STEAMROLLER  Read Replies (1) of 1561
 
CDnow Rated Top Music Site by eMarketer, the Authority on Business Online; CDnow Makes
Online Buying 'Easy, Inexpensive and Fun'

PR Newswire - September 03, 1998 13:07

JENKINTOWN, Pa., Sept. 3 /PRNewswire/ -- CDnow, Inc. (Nasdaq: CDNW), the Internet's number one music store, is confirmed as the industry leader,
according to New York consulting firm eMarketer, the authority on business online. CDnow (cdnow.com) has been ranked the number one music store online in a
new list of top 10 music outlets, which appraised more than 100 online music sites based on criteria including selection, price, usability and presentation.

"If there's a way to make buying music on the Internet fun and easy, CDnow has it," says Jonathan Jackson, an eMarketer analyst who regularly follows the music
industry. "Selling music is one of the most mature e-commerce categories online, and CDnow clearly leads the way.

"If you can't find it here (at CDnow), you probably don't really need it," Jackson continues. "There are lots of companies which may understand, in theory, how to do
business on the net but not all of them get it. CDnow clearly gets it."

"We pride ourselves on being the innovator of online music retailing. We created online shopping by pioneering the online shopping cart, drop shipping for Internet
purchases, intelligent album recommendations and Real Audio sound samples," says CDnow President and CEO Jason Olim. "CDnow is committed to finding new
ways to use technology to better serve music fans."

CDnow, Inc. (cdnow.com) is the Internet's number one music store. CDnow offers more than 300,000 music related items -- ten times the size of the average music
store. Founded in 1994 by twin brothers Jason and Matthew Olim, CDnow is building a better music store through intelligent album recommendations, custom CDs,
music samples, a vast library of reviews and features from top music writers and exclusive editorial content from Rolling Stone Network, MTV/VH1 and CMJ New
Music Monthly. CDnow is the premier online music store on Yahoo!, Lycos, Lycos-Bertelsmann, Webcrawler, Tripod, Geocities, MTV/VH1, Rolling Stone
Network, and CBS.com.
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