Indie Music Site CDBaby’s Sale Price: $22 Million
Back in August we reported that CDBaby, one of the largest online sellers of music for indie bands, was finally sold, to CD and DVD duplicator Disc Makers. At that time the price was not disclosed, but now the founder Derek Sivers has disclosed to VentureVoice that the sale price was $22 million. Sivers owned 100 percent of the company he founded in 1998. Now you’re in the know…
Oct 23, 2008 1:45 PM ET
Posted In: Entertainment, Music, Money, M&A & Venture Capital, Mergers & Acquisitions, cdbaby, disc makers
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Comments (1)
Oct 23, 2008 11:25 PM
That’s not a bad payday! Do you think it was worth the work?