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To: RCJIII who wrote (15640)	5/7/1998 3:05:00 PM
From: Eski	Respond to of 34592

For Your Info Alerts on the Songwire: 5/7/98 1:35 pm est Not On The Wires Techweb says in an article dated 5 May that NAVR is planning an online music retail site "Advertising and CD sales are the most promising sources for revenue, along with hosting and other cooperative deals. Net Radio was bought in 1996 by music and software distributor Navarre, and plans to open a full-service CD store called CDPoint later this year. " techweb.com Navarre NAVR owns NetRadio netradio.net the internet radio company whose 150 channels are heard world-wide and cover every taste from from Christian to Rap (yes ...but when am I going to hear a rap version of Amazing Grace?). Now the News A call to NAVR IR confirms the Techweb story that the company is planningits online CDPoint and that it is, in fact- currently in beta cdpoint.com The company will be making an announcement to the public/wires in about 2 weeks according to the IR. The site will offer 225k titles and dovetail with NetRadio by offering playlists in what may be a first; online radio+online music retailer. NAVR IR says the company expects both revs and earnings will benefit from the synergies the new site will create. NAVR announced a private placement last week; trading low 4s ESKI