N2K Inc, the New York-based internet music retailer has inked a deal with Walt Disney & Co’s Buena Vista Internet group unit for N2K’s Music Boulevard to be the exclusive music retailer on Disney.com and ABC.com. N2K and ABC Radio networks will also jointly develop web sites for ABC Radio Networks and ABC Radio affiliates. No doubt N2K was hoping the announcement would cause its stock to rise, but unfortunately the markets pushed it down, perhaps becoming jaded with so many similar deals flying around. The stock closed down $0.4375 at $19.75. The main site on which Music Boulevard will feature will be Disney’s Shop (www.shop.disney.com).
