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.
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Online music retailer 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.