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CDNow
CDnow, Inc. was a dot-com company that operated an online shopping website selling compact discs and music-related products. In April 1998, during the dot-com bubble, the company was valued at over $1billion. In July 2000, it was acquired by Bertelsmann Music Group for $117million; shortly thereafter Amazon was contracted to operate the website. At its peak, it employed over 750 people and had offices in Fort Washington, Pennsylvania, New York City, London, and Los Angeles. Establishment and growth CDnow was founded in February 1994 by twin brothers Jason Olim and Matthew Olim in their parents' basement in Ambler, Pennsylvania. Initially launched as a Telnet service in August 1994, CDNow became a retail website in September 1994 using Valley Entertainment, Valley Records Distributors as a drop-ship fulfillment center. With three employees, the company moved near the Penllyn (SEPTA station), Penllyn train station in Lower Gwynedd Township, Montgomery County, Pennsylvania and a coupl ...
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Affiliate Marketing
Affiliate marketing is a marketing arrangement in which affiliates receive a commission for each visit, signup or sale they generate for a merchant. This arrangement allows businesses to outsource part of the sales process. It is a form of performance-based marketing where the commission acts as an incentive for the affiliate; this commission is usually a percentage of the price of the product being sold, but can also be a flat rate per referral. Affiliate marketers may use a variety of methods to generate these sales, including organic search engine optimization, paid search engine marketing, e-mail marketing, content marketing, display advertising, organic social media marketing, and more. Though the largest companies run their own affiliate networks (for example Amazon), most merchants join affiliate networks which provide reporting tools and payment processing. History Origin The concept of revenue sharing—paying commission for referred business—predates affiliat ...
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Music Boulevard
Music Boulevard, or musicblvd.com, was a retail music information and sales website founded in 1995 by Telebase Systems. In 1997 the Music Boulevard website, operated by N2K, became among the first websites to offer piracy-protected music singles for direct download. The website used Liquid Audio's single-delivery system. Originally associated with Telebase Systems and its president Jim Coane, who was the CEO of the company, MusicBlvd went public in October 1997. The website offered more than 300,000 music titles and generated more than 80 million views in its first quarter. In 1998 Music Boulevard was described by ''The Boston Globe'' as one of the "big three" online music sellers alongside CDNow and Amazon.com, and it was lauded for its extras including artist biographies, reviews, and feature stories from national music publications. By 1999, the company was ranked 9th among all electronic commerce sites, with around 2.7 million visitors in the month of December. MusicBlvd was ...
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Jason Olim
Jason Olim was CEO and co-founder of CDNow, Inc., one of the first e-commerce companies (founded in February, 1994). He has earned Entrepreneur of the Year awards from the Small Business Association, Arthur Andersen, the Greater Philadelphia Chamber of Commerce (1997) and the Greater Philadelphia Venture Group (1999). Olim earned a Bachelor of Arts degree in computer science from Brown University. CDNow CDNow.com was among the first successful global online retailers. The company was founded in February 1994 by twin brothers Jason and Matthew Olim of Ambler, Pennsylvania. Initially launched as a Telnet Telnet is an application protocol used on the Internet or local area network to provide a bidirectional interactive text-oriented communication facility using a virtual terminal connection. User data is interspersed in-band with Telnet control i ... service in August 1994, CDNow became a retail site in September 1994 — far earlier than most of the dot-com retailers that gai ...
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Penllyn (SEPTA Station)
Penllyn station is a station situated in the village of Penllyn, Lower Gwynedd Township, Montgomery County, Pennsylvania, United States. It is served by the SEPTA Lansdale/Doylestown Line. The station, located at the intersection of Old Penllyn Pike and Pen-Ambler Road, includes a 55-space parking lot and also provides a connection to SEPTA Bus Route 94. Penllyn station was built in 1930 by the Reading Railroad. In the mid-1990s, the building served as the headquarters of fast-growing online music retailer CDNow. In FY 2013, the station had a weekday average of 216 boardings and 182 alightings.  Station layout Penllyn has two low-level side platform A side platform (also known as a marginal platform or a single-face platform) is a platform positioned to the side of one or more railway tracks or guideways at a railway station, tram stop, or transitway. A station having dual side platform ...s. References External linksSEPTA - Penllyn StationPenllyn Pike entra ...
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Strawbridge And Clothier Store, Jenkintown
The Strawbridge and Clothier Store is a historic department store building located at Jenkintown, Montgomery County, Pennsylvania. It was built by Strawbridge & Clothier in 1930-1931 and renovated and expanded in 1954. It closed in 1988 when it relocated to the Willow Grove Park Mall. It is now an office building, multi-tenant. History The original section is a four-story, steel frame structure faced in limestone and on a granite base in the Art Deco style. It has a flat slag roof with parapet. The building features piers that extend above the roof parapet, two-story projecting entrance pavilions, a one-story flat roofed extension with elegant display windows, and two five-story towers. The addition is a three-story structure with a parking garage. It was built as the second suburban branch of Strawbridge and Clothier. ''Note:'' This includes This Strawbridge & Clothier store closed in 1988 when it relocated to the Willow Grove Park Mall. In the late 1990s, the building served a ...
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N2K Encoded Music
N-Coded Music was a jazz record label in New York City founded by Dave Grusin, Larry Rosen, and Phil Ramone as N2K Encoded Music in 1997. Their original business model was to break out new artists and groups from various genres (mainly smooth jazz) by releasing their music through its co-owned online music site, Music Boulevard, in the form of CDs and downloads using the Liquid Audio format. CDs were also distributed by RED Music for the traditional retail market. After Music Boulevard and its main competitor, CDNow merged, N2K Encoded Music was sold to Warlock Records and renamed N-Coded Music. N-Coded's roster included Ann Hampton Callaway, Jane Monheit, Candy Dulfer, Andy Bey, and Jonathan Butler. See also * List of record labels File:Alvinoreyguitarboogie.jpg File:AmMusicBunk78.jpg File:Bingola1011b.jpg Lists of record labels cover record labels, brands or trademarks associated with marketing of music recordings and music videos. The lists are organized alphabeticall ...
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Fort Washington, Pennsylvania
Fort Washington is a census-designated place and suburb of Philadelphia in Montgomery County, Pennsylvania, United States. The population was 5,446 at the 2010 census. History Prior to the Revolutionary War the Fort Washington area was settled by many German immigrants. One such person was Philip Engard who immigrated in 1728. Engard purchased on what was to be named Susquehanna Road and Fort Washington Avenue. By the mid-18th century the area came to be known as Engardtown, and Fort Washington Avenue was originally called Engardtown Road. The house built by Philip Engard is listed as the "Engard Family Home - 1765" in the Upper Dublin Township Open Space & Environmental Resource Protection Plan - 2005, as part of the Upper Dublin Historical Properties #25. American Revolutionary War During the Philadelphia campaign of the American Revolutionary War, George Washington and the Continental Army were encamped here after their October 4, 1777 defeat at the Battle of Germ ...
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Email Marketing
Email marketing is the act of sending a commercial message, typically to a group of people, using email. In its broadest sense, every email sent to a potential or current customer could be considered email marketing. It involves using email to send advertisements, request business, or solicit sales or donations. Email marketing strategies commonly seek to achieve one or more of three primary objectives, to build loyalty, trust, or brand awareness. The term usually refers to sending email messages with the purpose of enhancing a merchant's relationship with current or previous customers, encouraging customer loyalty and repeat business, acquiring new customers or convincing current customers to purchase something immediately, and sharing third-party ads. History Email marketing has evolved rapidly alongside the technological growth of the 21st century. Before this growth, when emails were novelties to most customers, email marketing was not as effective. In 1978, Gary Thuerk of ...
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Video Hosting Service
An online video platform (OVP), provided by a video hosting service, enables users to upload, convert, store and play back video content on the Internet, often via a structured, large-scale system that may generate revenue. Users will generally upload video content via the hosting service's website, mobile or desktop application, or other interfaces (API). An example of an OVP is YouTube. The type of video content uploaded might be anything from shorts to full-length TV shows and movies. The video host stores the video on its server and offers users the ability to enable different types of embed codes or links that allow others to view the video content. The website, mainly used as the video hosting website, is usually called the video-sharing website. Purpose of video hosts (for users) * Save on bandwidth and hosting costs often eliminating costs entirely; * Creating a common place to share and view video content; * Making a user friendly experience, where uploading a video an ...
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Online Advertising
Online advertising, also known as online marketing, Internet advertising, digital advertising or web advertising, is a form of marketing and advertising which uses the Internet to promote products and services to audiences and platform users. Online advertising includes email marketing, search engine marketing (SEM), social media marketing, many types of display advertising (including web banner advertising), and mobile advertising. Advertisements are increasingly being delivered via automated software systems operating across multiple websites, media services and platforms, known as programmatic advertising. Like other advertising media, online advertising frequently involves a publisher, who integrates advertisements into its online content, and an advertiser, who provides the advertisements to be displayed on the publisher's content. Other potential participants include advertising agencies who help generate and place the ad copy, an ad server which technologically deliver ...
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CNET
''CNET'' (short for "Computer Network") is an American media website that publishes reviews, news, articles, blogs, podcasts, and videos on technology and consumer electronics globally. ''CNET'' originally produced content for radio and television in addition to its website and now uses new media distribution methods through its Internet television network, CNET Video, and its podcast and blog networks. Founded in 1994 by Halsey Minor and Shelby Bonnie, it was the flagship brand of CNET Networks and became a brand of CBS Interactive through that unit's acquisition of CNET Networks in 2008. It has been owned by Red Ventures since October 30, 2020. Other than English, ''CNETs region- and language-specific editions include Chinese, French, German, Japanese, Korean, and Spanish. History Origins After leaving PepsiCo, Halsey Minor and Shelby Bonnie launched ''CNET'' in 1994, after website Yahoo! was launched. With help from Fox Network co-founder Kevin Wendle and forme ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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