The Deal
Sunday, November 22, 
2:15 am

Two months after sale, CD Baby founder reveals $22M purchase price

  Share     E-Mail    Discussion    Print Story
Published October 23, 2008 at 4:44 PM

cdbaby.gifWhen indie music seller CD Baby Inc. sold itself to Disc Makers Inc. in August, neither the buyer nor the target would reveal terms of their deal. But now, CD Baby founder Derek Sivers has finally revealed the purchase price in this new interview: $22 million.

Sivers also says the company's annual revenue rose from $25 million three years ago to $100 million as of early 2008. CD Baby never accepted outside venture investment, and Sivers owned 100% of the company's equity at the time of the sale. -- Paul Bonanos

See Derek Sivers' Aug. 4 blog post announcing the sale
See Aug. 5 post from Tech Confidential concerning CD Baby's sale to Disc Makers

Continue reading below

Also on Dealscape



Tags



Post a comment




The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.

More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

By Bradford P. Weirick and Joelle Khoury, Gibson Dunn

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

By Derek Watson, KPMG

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

By Robert Teitelman

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.