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  September 5, 2001
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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > MediaBay, Inc.

MediaBay, Inc.
Nasdaq: MBAY
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 NEWS FROM THE STANDARD
MediaBay Hits Napster With, Well, You Know
May 31 2001 12:05 PM PDT

Heard Any Good Books Lately?
Jun 12 2000 12:00 AM PDT

 PROFILE
Heard any good books lately? MediaBay wants "readers" to earmark "yes." The direct marketer (formerly Audio Book Club) sells audio books, old-time radio shows, spoken word collections, and classic videos through the Internet, mail-order clubs, and retailers. Audio books, magazines, newspapers, albums, concerts, and other products are offered as a digital download, CD, or DVD. The club follows a "negative option" model in which customers buy titles at a discount and agree to buy more at full price. Started by Norton Herrick in 1994 as a catalog business, MediaBay has grown through acquisitions; it bought rivals Columbia House and Doubleday Publishing's audio book units. The Herrick family owns about 28% of MediaBay.

 COMPETITION
Amazon.com, Inc. (AMZN)
Books on Tape, Inc. (dossier)
barnesandnoble.com inc. (BNBN)

 DEALS
Deal: MediaBay Teams With Liquid Audio
Date Announced: 01.18.01
Value of transaction (US $Mil): 0
Description: Audio-content provider MediaBay will deliver digital content through Liquid Audio's network of affiliate Web sites in exchange for digital delivery technology for Windows and Macintosh operating systems.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 44.40
1-Yr. Sales Growth: (3.9)%
Employees: 68
Revenue per employee: $652,941.18

 KEY PEOPLE
• Michael Herrick
    CEO
• John F. Levy
    CFO

 CONTACT INFO
2 Ridgedale Ave.
Cedar Knolls, NJ 07927
US
Phone: 973-539-9528
Fax: 973-539-1273
Online: Web Site

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