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Technology Stocks : CDNow (CDNW) -- Ignore unavailable to you. Want to Upgrade?

To: Nimbus who wrote (460)	12/23/1998 4:33:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 1465

CDNOW: THE TIMES NEWSPAPERS AND CDNOW ANNOUNCE EXCLUSIVE ONLINE PARTNERSHIP Hello guys, here is something which might of interest to you,a bit dated but just in case anybody missed it. So what is y'all prognosis,buy, sell, hold, anything? Thanks in advance for the help and opinions. ================================== (Source:MarketWire) DEC 17, 1998, M2 Communications - Launched for the Christmas shopping season, CDnow (www.cdnow.com), the Internet's leading music retailer and Times Newspapers Ltd., publisher of The Times and The Sunday Times, announced today a partnership that makes CDnow the exclusive music retailer on The Times and The Sunday Times' web sites. The web sites will be the only online versions of national UK newspapers to partner with CDnow for the 1998 Christmas period. Visitors to The Times and Sunday Times' web sites can link to CDnow, which offers over 350,000 music related products, album recommendations, music samples and a vast library of music reviews and features from top music writers. Special offers and promotions will be offered to visitors utilising the links featured prominently on high traffic pages, as well as a number of subject-related pages. The partnership reflects a growing recognition in the media industry of the potential for online shopping. Times Newspapers Ltd. and CDnow see the value of integrated marketing that combines traditional and Internet media. "This is an Exciting partnership for us," says Paul Simon, commercial director of News International Internet Publishing. "CDnow has established itself as the premier music retailer online and we are confident that its wide range of music titles and distinguished reputation for customer service will be a major benefit to our 1.5 million registered users in the UK and elsewhere." The Times and The Sunday Times are the first UK members of CDnow's new C2 partnership programme, an automated business network that creates business and marketing partners across geographic markets. The new network allows corporate or business web sites anywhere in the world to offer their visitors direct access to CDnow's extensive inventory, promotions and sales. "CDNOW is extremely proud to have The Times and The Sunday Times as its first UK partners," says Jason Ohm, president and co-founder of CDNOW. "CDNOW recognises the global potential of the partnership, given the worldwide media clout of the two newspapers and their parent company."