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Short Take: N2K revenue jumps

Online music retailer N2K reported revenue of $7 million for the March quarter, up from $1.1 million reported for first quarter of 1997. Net loss was $13.7 million ($1.13 a share), compared with a loss of $4.5 million ($1.55 a share) a year ago. Page views increased to 80 million from 49 million in the previous quarter. The company's international expansion continued via an exclusive relationship with AOL Europe.

Online music retailer N2K reported revenue of $7 million for the March quarter, up from $1.1 million reported for first quarter of 1997. Net loss was $13.7 million ($1.13 a share), compared with a loss of $4.5 million ($1.55 a share) a year ago. Page views increased to 80 million from 49 million in the previous quarter. The company's international expansion continued via an exclusive relationship with AOL Europe.