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# DistroKid exploring a sale
- URL: https://all-about-music.ghost.io/distrokid-exploring-a-sale/
- Published: 2026-03-16T11:16:54.000Z
- Updated: 2026-03-16T11:16:54.000Z
- Author: Jay Peach

# 

This from MBW:

*According to multiple strong sources, distribution platform* [***DistroKid***](https://www.musicbusinessworldwide.com/companies/distrokid/?ref=all-about-music.ghost.io) *is holding talks with potential buyers over a big-money sale.*

*MBW hears that DistroKid is being repped by both *Raine* and* [***Goldman Sachs***](https://www.musicbusinessworldwide.com/companies/goldman-sachs/?ref=all-about-music.ghost.io) *in these discussions.*

*The number being bandied around Los Angeles is *USD* *$2 billion*, although some sources suggest that price could escalate even *higher*.*

*DistroKid was founded by *Philip Kaplan* in 2013 and was* [*valued at $1.3 billion*](https://www.insightpartners.com/ideas/distrokid-receives-investment-from-leading-software-investor-insight-partners-valuing-the-company-at-1-3-billion/?ref=all-about-music.ghost.io)*following Insight Partners’ investment in August 2021.*

*DistroKid is now run day-to-day by President *Phil Bauer*. Bauer previously served as DistroKid’s Chief Operating Officer since 2018.*

*The New York-based company claims that it handles *30%* to *40%* of new music releases globally and serves more than *2 million* artists.*

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*In October, DistroKid* [*launched*](https://www.musicbusinessworldwide.com/distrokid-launches-new-platform-for-artists-to-sell-merch-directly-to-fans/?ref=all-about-music.ghost.io) *a new direct-to-fan sales platform, marking the music distributor’s push beyond audio and video distribution services and into merchandise sales.*

*The new platform, Direct, builds on technology from direct-to-fan platform *Bandzoogle*, which DistroKid* [*acquired in 2023*](https://www.musicbusinessworldwide.com/distrokid-acquires-website-hosting-and-e-commerce-company-bandzoogle/?ref=all-about-music.ghost.io)*.*Music Business Worldwide