AdRev: Downtown's $200 Million Buyout of CD Baby Only Included Digital - Now There's a Physical Spin-off

Last week, Downtown Music dropped $200 million to purchase AVL Digital Group and its crown jewel, CD Baby. The deal also included other AVL-owned digital properties, including AdRev, DashGo and Soundrop. What the deal didn't include were a slew of physical production properties owned by AVL, specifically Disc Makers, BookBaby, and Merchly. Instead, a consortium of [...] The post Downtown's $200 Million Buyout of CD Baby Only Included Digital - Now There's a Physical Spin-off appeared first on Digital Music News.