What? No Layoffs? Does A Bear Market Crap In The Woods?
CDNow has teamed up with Alliance Entertainment for fulfillment, distribution and content services. As part of the deal, CDNow continues its licensing of Alliance's All Music and All Movie Guides, which provide music and movie data, including reviews, biographies, titles and credits. Said Alliance Entertainment President/CEO Eric Weisman: "We're pleased to partner with such a premier online music destination as CDNow and look forward to assisting CDNow in providing an outstanding user experience to their customers. And we look forward to getting more free pizzas with our custom CDs. Anchovies and Ace Of Bass. Life is good."

Music.com, Inc. and Milor Entertainment Group are working together to co-create and publish Music.com Magazine. The quarterly magazine will launch in April and be accompanied by a daily website. Music.com will offer consumers and professionals information on music technology, artists and trends. Each issue of the magazine will be accompanied by a multimedia CD "digizine," which contains added goodies, from player software to music tracks. Milor CEO Michael Fagien will also serve as President/CEO of Music.com Magazine, Inc. Said Fagien: "Music.com has a unique platform that will capitalize on the unprecedented convergence of music and technology as well as traditional and new media that is taking place today... one that consumers and marketers will want to be a part of." Yeah, but can you wrap a fish in it?

America Online has named former Vice President of Strategy and Operations Jim Bankoff President of Netscape. Bankoff will oversee business operations and growth management for the site, as well as the Netbusiness initiative. Bankoff has been with AOL since 1995. Prior to that, he held positions at Ruder Finn's Global Public Affairs group and CNN. Said Bankoff of his appointment: "In many ways, the history of Netscape is the history of the Internet itself, and I'm honored to have the opportunity to work with one of the best teams in the business to help write the next chapter of Netscape's success." Current Netscape head Jim Martin will be reassigned at AOL, and has reportedly demanded a recount in Florida. He also denies he is Reverend Jesse Jackson's lovechild.