Business · Companies · 4 hrs ago
Create Music Group Takes Minority Stake in DistroKid
Create Music Group acquired a minority stake in DistroKid earlier this year.
DistroKid is a platform that helps independent musicians distribute their music.
CVC Capital Partners announced a majority stake in DistroKid in July, several months before the Create deal was reported.
The terms of both deals were not disclosed.
Create said it would partner with CVC and support DistroKid’s continued growth.
The investment adds to Create’s recent spending on independent music businesses, including labels and music catalogs.
The deal gives Create a stake in a major platform used by artists starting their careers.
Create Music Group has acquired a minority stake in DistroKid, the companies’ reported investment deal having taken place earlier this year.
The investment came several months after CVC Capital Partners announced it had acquired a majority stake in DistroKid.
Create CEO and co-founder Jonathan Strauss said the company was excited to partner with CVC and support DistroKid’s growth.
The deal is the latest in a series of Create investments in independent music businesses.
- Who
- Create Music Group acquired the stake in DistroKid.
- What
- Create took a minority stake in the music distribution platform.
- When
- Earlier in 2026; no exact date was stated.
- Where
- Not stated.
- Why
- Create said it wanted to support DistroKid’s continued growth.
This story does not have two clearly opposing sides.
MBW reported that DistroKid was exploring a sale at a valuation of roughly $2 billion.
Create announced it had raised $450 million through equity investments and debt capital.
CVC Capital Partners announced it had acquired a majority stake in DistroKid.
Create Music Group acquired a minority stake in DistroKid.
- Stake acquired
- Minority stake
- Investor
- Create Music Group
- Company
- DistroKid
- Earlier funding valuation
- $2.2 billion for Create Music Group
- Create fundraising
- $450 million in March
2 sources
What people are saying
We’re excited to partner with CVC as a minority investor in the company and to support its continued growth.