Cdk Music Record Label
Location:
United States
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Florida
->
Boca Raton
Industry: Wholesale and Distribution > Wholesale and Distribution
Business Summary
Major asset of CDK Music is world exclusive perpetual rights in any format for the largest outside-of Russia catalogue of Russian produced recordings of classical music. 99% of CDK artists are Grammy award winners and artists of major record labels - Universal, Sony/BMG, EMI, WB - with verifiable sales above 1m copies per album. Asking price is $15M USD. Along with cash I will consider trade for luxury residential preferably oceanfront real estate in Boca Raton, FL; Santa Barbara, CA; Paris, 16th district and properties between Cannes and Monaco. Currently there are 20+m empty impossible-to-sell houses on the US market alone.
CDK Music (cdkmusic.com). Notice of Sale:
cdkmusic.com/CDK_Music_Sale.html
or
oceantomo.com/press/CDK_Music_Press_Release_10.02.06.pdf
Smithsonian Institution offered tax credit upfront of CDK Music. I do not need it. Someone does. I'm looking for a bank, construction company, real estate company or other business which would buy from me CDK for cash and 'donate' it to Smithsonian Institution or other non-profit organization (Sacher or Van Cliburn Foundation for example) upfront of larger amount in tax credit. The difference is the margin. Tax credits are currently sold for 90% of the price.
Other benefits for CDK buyer:
Price for CDK will not go down. CDK is a great platform to release new artists. There's a cash flow from distribution of CDK albums and licensing them to other labels and movie companies. There are mp3 sales. CDK catalogue can be eventually sold to a major record label because it consists of artists featured by major labels. CDK can be auctioned. Contact for more information on this Music Record Label for sale.
Evgeni Kostitsyn
biographicon.com/view/s879m/Evgeni_Kostitsyn
Financials
Asking Price Range: $10.0M - $20.0M
Gross Revenues:
$5,000,000
Cash Flow:
$5,000,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1991
Number of Employees: 6 - 9
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
Click on the "I'm Interested" button above for more information on this Wholesale and Distribution > Wholesale and Distribution business for sale.
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Print Listing Id: 70030511
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