Bertelsmann Buys CDNow

from the hot-off-the-presses dept

According to this report which just came out, Bertelsmann is buying CDNow. This isn’t that big of a surprise, all things considered. We all knew that CDNow was looking for a buyer. The price is about right ($117 million – $3/share) and Bertelsmann certainly makes sense as a buyer. The consolidation continues…


Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...
Loading...