This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Business News Digital Labels & Publishers
CD Baby owner AVL Digital sold
By Chris Cooke | Published on Monday 21 January 2013
CD Baby’s parent company, AVL Digital Group, has been sold to private equity group Stephen Capital Partners, reports Billboard.
A source said that SCP intends to keep AVL Digital and its subsidiary companies running as they currently are for the time being.
Disc Makers, another company owned by AVL Digital, bought CD Baby from founder Derek Sivers in 2008 for $22 million.