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Article: Global Media Releases Financing Details and Outlines Franchising Strategy for Direct Competition with Amazon.com and CDNow.
- Article from:
- Business Wire
- Article date:
- October 5, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NANAIMO, British Columbia--(BUSINESS WIRE)--Oct. 5, 1998--Global Media Corp. (OTC BB:GLMC) (http://www.globalmediacorp.com/) will offer a complete end-to-end franchise/licensee opportunity to third party Internet marketers as one of its key competitive focuses in targeting the established players such as Amazon.com (Nasdaq:AMZN) and CDNow (Nasdaq:CDNW).
More sophisticated than the affiliate programs currently offered by its competitors, Global Media's licensing program will allow businesses to enter the online entertainment distribution market for CDs and videos without having to invest in the sophisticated back-end infrastructure already completed by Global ...