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Ailing Carver Gets Transfusion, Will Try Direct Sales

On Tuesday, May 5, beleaguered Carverhttp://www.carver.com">Carver; announced that it had received a financial transfusion of almost $400,000 and that it would make a move into direct marketing in an attempt to bolster flagging sales. The Woodinville, Washingon-based company announced in a press release that it "had closed a sale of 3,000,000 shares of restricted Common Stock of the Company to one of its preferred shareholders, Renwick Special Situations Fund, L.P., for $375,000, or $0.125 per share."


CDnow Tops Chart, Expands into Europe

The numbers are up for CDnowhttp://www.cdnow.com">CDnow;. The world's largest online music retailer reported April 30 that its first-quarter sales increased 288% over the same period in 1997. The company took in $10 million in revenue through the period ending March 31, an increase of 26.4% over the previous quarter, in which revenue totaled $7.9 million.


MyCD Latest Entry in Custom-disc Biz

Remember when you weren't too busy to make your own cassette tapes to play in the car? How you could link one song to the next by genre or theme or beat or musical key? Remember how much more satisfying it was to listen to those tapes than it was to listen to the radio? No commercials, no announcers, no filler---and you liked every tune.


Online Database Aids Music Search

Questions for music lovers: 1) Have you been racking your brain trying to remember who recorded Ruby Vroom? 2) Do you know how many Tim Hardin recordings are available on CD? 3) Which album featured Head East's "Never Been Any Reason," considered by some connoisseurs the greatest rock song ever?


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