March 2000
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March 2000
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CDnow’s future is uncertain 29 March 2000 Online music retailer CDnow has filed statements with the US Securities and Exhange Commission expressing “substantial doubts” about their financial future. Despite a plan to cut operating expenses by more than US$10 million (£6.2 million), and a recent infusion of cash by Sony/Time Warner, they could run out of operating funds as soon as this fall. | ZDnet story | | top of page | |
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