DistroKid Weighs Potential Sale
Reports suggest a price tag of $2 billion
Distribution platform DistroKid is in talks with potential buyers regarding a possible sale, as per Music Business Worldwide (MBW).
The details:
Citing “multiple strong sources,” MBW says DistroKid is being represented by both Raine and Goldman Sachs in the discussions.
A $2 billion price tag is rumored, though some suggest it could go higher.
DistroKid claims to handle 30% to 40% of new music releases globally.
👋 Disclosures & Transparency Block
This story was written with information from Music Business Worldwide.
We covered it because it’s news of a potential sale of DistroKid.
