January 19, 2001, 12:00 AM

Krupit Named President and CEO of CDNOW

Don Davis

Editor in Chief

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.


Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!




Relevant Commentary


Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...


Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...