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

enews, inc.
 PROFILE
Anyone who thinks the Internet is supposed to kill print media hasn't read about enews. The Web site is the leading online vendor for publication subscriptions, offering -- at a discount -- more than 100,000 titles ranging from mainstream magazines ("Time", "Fortune") to niche prints ("Utne Reader", "Egypt Today"), as well as newsletters and newspapers. enews also operates the Newstand Network affiliate program, which boasts a membership of more than 75,000 member/distributors. Booksellers Barnes & Noble and barnesandnoble.com, together own a majority stake in enews, which was founded in 1993 as a spinoff from "New Republic" magazine's pre-World Wide Web article preview service, The Electronic Newsstand.

 COMPETITION
American Family Enterprises (dossier)
Publishers Clearing House (dossier)
RoweCom, Inc. (ROWE)

 DEALS
Deal: Barnes & Nobles Secure Larger Stake in Enews
Date Announced: 04.05.01
Value of transaction (US $Mil): 0
Description: Barnesandnoble.com and Barnes & Noble now hold a majority stake in online magazine subscription company, Enews.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7.80

 KEY PEOPLE
• Brian Hecht
    CEO
• Jim Dougherty
    CFO

 CONTACT INFO
1560 Wilson Blvd.
Arlington, VA 22209
US
Phone: 703-908-1500
Fax: 703-807-2660
Online: Web Site

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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