January 26, 2013
Some future historian studying the typically atypical career trajectories of late GenX creatives in Philly might do well to take a look at Laura Thieme and Kristy Olsyn. The two met while working in online marketing at CDNOW - remember CDNOW? The online music retailer founded in 1994 by twin brothers from Ambler ballooned feverishly until it went splat in 2000. Thieme and Olsyn both found jobs at Rodale, a magazine and book publisher, and the daily three-hour commute from and to the Emmaus headquarters gave them plenty of time to dream up alternatives to corporate life.
April 28, 2008 |
WYBE-35, Philadelphia's tiny, nonprofit, old-fashioned broadcast TV station, is betting its future on digital shows for the YouTube generation. The station is programming its signals and Web site with five-minute shorts that producers pay to play, set in a new studio built as part of a signal-swapping deal with General Electric Co.'s NBC Universal networks. "It's short-form programming, in which we let the community come to us and let them and viewers tell us what they want," says Howard Blumenthal, the station's chief executive and a 30-year veteran of the business, including stints as a brand executive for Bertelsmann AG and a senior executive at CDNOW Inc. "These are not infomercials," he adds.
May 30, 2004 |
The planned initial public offering of online-search company Google Inc. has generated excitement that recalls, on a smaller scale, the giddiness of the dot-com boom. But there is a clear and important difference this time around, say Philadelphia-area entrepreneurs and executives whose ideas once created a similar buzz: Google is already making money. Gobs of it. "This is a sharply different company than most of them in the late '90s. It's a staggeringly successful company," said Warren V. "Pete" Musser, founder of leading dot-com-era financier Safeguard Scientifics Inc. of Wayne.
May 28, 2004 |
German garage punkers Redondo Beat play with recent Pixies openers the Capitol Years and Doublehorse at the Millcreek Tavern (9:30 tonight, 4200 Chester Ave., 215-222-9194, $7, www.millcreektavernphilly.com). Local DJs spin good records for a good cause: Trishy Gdowik (Bad Reputation), Joey Sweeney (as in The Trouble With . . . ), and Jon Solomon (WPRB, My Pal God Records). It's a benefit to raise money for Gehrett Ellis (my old CDNOW co-worker with the warm smile and sharp wit)
November 9, 2002 |
CDNow, we'll see thee later. The online music retailer that was born in the Philadelphia suburbs in 1994 is set to vanish from the local landscape. CDNow's parent company, BeMusic Inc., a unit of the German media giant Bertelsmann AG, has notified the Pennsylvania Department of Labor and Industry that it will lay off the last 33 workers at the cavernous CDNow facility in Fort Washington on Dec. 27. "We are planning on closing the offices there at the end of the year," BeMusic spokeswoman Melinda Meals said yesterday.
November 25, 2001 |
Technology survivors from throughout the Philadelphia region gathered at the Convention Center this month for a gala whose theme might best have been summed up, "It's Hip to Be Square. " The atmosphere at the Eastern Technology Council awards dinner, as in past years, was black-tie. This time, it seemed a particularly fitting analogy to the buttoned-down style of the region's technology industry. "We have pragmatists leading these companies, with customers that actually pay their bills," said Rob McCord, president of the council, a regional business organization made up of 1,200 companies.
September 2, 2001 |
Jason Olim, the cofounder and former head honcho of online music retailer CDNow, had been home in his upstairs office, hammering out a business plan for a friend's software company. But, on that summer afternoon in secluded Chester County, Olim made his way down among the noisy carpenters renovating his gutted stone farmhouse to reach one of his favorite still-intact rooms, the kitchen. Olim yanked the refrigerator door open to find two partially sliced pies - strawberry and chocolate pecan.
August 30, 2001 |
Staffing at CDNow's Fort Washington offices will fall by more than 200 workers in coming weeks as the company's owner moves management and other key operations to New York and Indianapolis. That will leave just 70 to 90 technical jobs at the online music retailer's facility along the Pennsylvania Turnpike. CDNow employs just over 300 people in Fort Washington, down from about 400 a year ago when the online music retailer was sold to the German media conglomerate Bertelsmann AG. BeMusic Direct, the new Bertelsmann division now overseeing CDNow, said yesterday that it was consolidating CDNow's management and content operations at its headquarters in New York City.
June 18, 2001 |
Call them the three dot-keteers, three former Penn fraternity brothers who decided to stick around and buck the area's "brain drain. " Instead of chasing dot-com dreams in bigger tech centers such as San Francisco or New York, University of Pennsylvania graduates Dan Trotzer, Sunil Marwaha and Howard Rubin are sharing a four-bedroom rented house in the Art Museum area while pursuing careers with local Internet companies. Marwaha, 29, is a product manager at DoctorQuality.com.
April 13, 2001 |
A federal judge yesterday dismissed a class-action securities-fraud lawsuit against Internet music retailer CDnow Inc., ruling that the plaintiffs had failed to prove that corporate officers had misled investors about an aborted 1999 merger with Sony Corp. and Time Warner Inc.'s Columbia House unit. U.S. District Judge Marvin Katz wrote that the plaintiffs had presented nothing but "unsupported and conclusory allegations" to back up their fraud theory. Katz noted that Congress, in passing the Private Securities Litigation Reform Act of 1995, had tightened the legal standards of proof required of plaintiffs in shareholders' securities lawsuits.