Portland, Ore. - 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.The company has to date sold over 4.5 million CDs and paid out over $83 million directly to artists.
CD Baby added digital distribution services in 2004, offering to service its artists' music to retailers like iTunes, eMusic and Rhapsody, and more recently launch a similar service for filmmakers (FilmBaby) and a Web hosting service for musicians (HostBaby).
Artists who have sold albums on CD Baby before signing with a major label include Regina Spektor, Jack Johnson and Gary Jules.
For more information contact All About Jazz.
