| Business Summary | | Navarre
Corporation
is
a
major
distributor
of
music,
software,
interactive
CD-ROM
products,
and
DVD
videos.
Navarre's
operations
are
classified
into
two
business
segments,
based
upon
products
and
services
provided.
They
are
home
entertainment
products
and
eSplice,
Inc.
The
home
entertainment
products
segment
distributes
two
principal
products,
computer
software
products
and
music
products.
In
addition
to
these
two
business
segments,
Navarre
maintains
an
ownership
interest
in
the
common
stock
of
NetRadio
Corporation.
Navarre
formed
eSplice,
Inc.
to
engage
in
the
development
of
a
platform
to
aggregate
and
distribute
digital
content,
including
music
and
software
utilizing
industry-leading
solutions
for
encoding,
encryption,
digital
rights
management
and
playback. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NAVR
is
engaged
in
the
distribution
of
prerecorded
music
and
personal
computer
software
in
the
U.S.
NAVR's
products
include
compact
discs,
cassettes,
personal
computer
software
and
interactive
CD-ROM
software.
For
the
three
months
ended
6/30/01,
sales
decreased
1%
to
$54.5
million.
Net
loss
decreased
56%
to
$938
thousand.
Revenues
reflect
a
decrease
in
proprietary
music
sales.
Lower
loss
reflects
the
absence
of
a
$1.9
million
equity
in
loss
of
NetRadio
Corp.
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Eric Paulson, 55 Chairman,
Pres, CEO, Director | $326K | -- | Charles Cheney, 57 Vice
Chairman, Exec. VP, Sec., Treasurer | 242K | $351K | James Gilbertson CFO | -- | -- | John Turner, 46 VP,
Operations | -- | -- | Kathleen Conlin, 56 VP,
Corp. Controller | -- | -- | Dollar
amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|