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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > MediaBay, Inc.
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MediaBay, Inc. |
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NEWS FROM THE STANDARD |
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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 |
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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 |
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Amazon.com, Inc. (AMZN)
Books on Tape, Inc. (dossier)
barnesandnoble.com inc. (BNBN)
DEALS |
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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.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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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 |
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Michael Herrick
CEO
John F. Levy
CFO
CONTACT INFO |
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2 Ridgedale Ave.
Cedar Knolls, NJ 07927
US
Phone: 973-539-9528
Fax: 973-539-1273
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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