Downtown Music Acquires CD Baby Owner AVL Digital Group (Price Tag: $200 Million)

Something big has been rumbling around CD Baby for months. Now, we know what it is.

Just this afternoon, CD Baby parent AVL Digital Group was formally acquired for roughly $200 million. The buyer, Downtown Music Holdings, gobbled the distributor and various associated AVL properties, including those traversing video monetization and royalty management.

Read more: https://www.digitalmusicnews.com/2019/03/27/downtown-music-cd-baby/