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CD Baby Sold to Disc Makers |
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Written by Mike Stahl
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Wednesday, 06 August 2008 |
CD Baby, an online retailer of CDs for over 242,000 independent artists, has been acquired by CD and DVD manufacturer Disc Makers for an undisclosed sum. Founded in 1997, Portland, Ore.-based CD Baby charges a one-time setup fee of $35 per CD, allows artists to set their own prices, and retains $4 of every sale while paying artists on a weekly basis.
“I’m excited to bring together the two strongest brand names in the independent community,” said Tony van Veen, President of Disc Makers. “CD Baby has paid musicians more than $81 million over the past 10 years for CD and download sales. It is one of the greatest tools created to allow musicians to make money from their music. Now artists can get manufacturing, CD sales, download sales, and web hosting – through CD Baby’s HostBaby division – seamlessly and more easily than ever.”
CD Baby will continue to operate as a separate company, focused on online CD sales, distribution, and download sales. CD Baby founder Derek Sivers commented: "It's amazing that this little hobby I started 10 years ago has benefited so many musicians. Disc Makers was my first choice to take the company to new heights. Their operational expertise is just what little CD Baby needed to grow up."
Sivers will continue to be involved with CD Baby as a consultant.
To learn more about Disc Makers’ duplication/replication services and its complete line of duplication hardware please visit www.discmakers.com.
To learn more about the online distribution services provided by CD Baby please visit www.cdbaby.com.
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