January 19, 2001, 12:00 AM

Krupit Named President and CEO of CDNOW

Signaling a clear focus on profitability vs. entrepreneurship, Bertelsmann eCommerce Group, the new parent of CDNow, has named Jason Olim, founder, president and CEO of CDNow, as chairman of CDNow and senior advisor for music strategy of Bertelsmann eCommerce Group. CDNow's chief operating officer, Michael S. Krupit, has been named president. CDNOW Inc. was merged with Bertelsmann eCommerce Group, a wholly owned subsidiary of Bertelsmann Inc., on Sept. 1. Jason Olim and his brother Matthew created CDNOW in their parents' basement in 1994.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Satya Krishna Ganni / Mobile Commerce

Mobile sites better than responsive design for shopping

Dedicated mobile commerce sites for smartphones and tablets and mobile apps are unparalleled in providing ...

FPO

John W. Spelich / E-Commerce

What do Chinese online consumers want to buy from the U.S.?

Yes, they want luxury goods, but they also want baby formula and skin lotions. The ...

Advertisement