Stingray (TSX: RAY.A), whose properties include Galaxie, Concert TV and Karaoke Channel, employs 225 people
worldwide and distributes
music and video in 111 countries to pay - TV subscribers and
businesses.
Founded as a garage start - up in 1998, CD Baby has grown to become one of the most trusted names in the independent
music business, paying over a quarter billion dollars to over 300,000 artists
worldwide.