Zweitausendeins bought by german film distributor Kinowelt

[Claude]

I don't have an english article ready, but german news just reported that the book and CD discounter Zweitausendeins has been sold to the german film distributor Kinowelt

http://www.heise.de/newsticker/meldung/78088

I hope they don't change their business model and will continue offering bargains on mid price and budget CD series.

Zweitausendeins was founded in 1969, has 150 employees, 12 stores and an online shop, and an annual turnover of 40 million Euro.

http://www.zweitausendeins.de/UeberUns/

http://www.kinowelt.de/unternehmen.php?lang=en

Edited September 12, 2006 by Claude

[Niko]

sounds scary - why couldn't they just leave things the beautiful way they were

[neveronfriday]

I don't have an english article ready, but german news just reported that the book and CD discounter Zweitausendeins has been sold to the german film distributor Kinowelt

http://www.heise.de/newsticker/meldung/78088

I hope they don't change their business model and will continue offering bargains on mid price and budget CD series.

Zweitausendeins was founded in 1969, has 150 employees, 12 stores and an online shop, and an annual turnover of 40 million Euro.

http://www.zweitausendeins.de/UeberUns/

http://www.kinowelt.de/unternehmen.php?lang=en

F@ck.

[sidewinder]

There goes the next installment of bargain Euro Mosaics..

[Swinger]

I don't have an english article ready, but german news just reported that the book and CD discounter Zweitausendeins has been sold to the german film distributor Kinowelt

I hope they don't change their business model and will continue offering bargains on mid price and budget CD series.

I hope they don't change their business model as well.I've found (and hopefully will find in the near future) some VERY nice bargains at zwei...

[mikeweil]

They'd be crazy if they changed anything about the way they run the business and should keep the team - these guys know what to sell.

[Chuck Nessa]

They'd be crazy if they changed anything about the way they run the business and should keep the team - these guys know what to sell.

It all depends on the current profit and the "expected" profit. The buyers may consider themselves smarter.

[mikeweil]

Yes they might - but I doubt they are!