Design-focused flash sales site Fab.com is debuting a new partner today—Madonna. The site is featuring a special offer for U.S. members today for Madonna’s new album MDNA. The album will retail for $7.99 (vs. $14.99 retail).
This isn’t the first time a music artist has partnered with a flash sales site. Norah Jones just debuted a new song off her latest album on travel site Jetsetter. Lady Gaga teamed up with Gilt for a curated sale, concert access and more.
Founder and CEO Jason Goldberg said this of the Madonna deal: At Fab, we strive to offer our members unique access to great designers and artists, both emerging and iconic…Thanks to the enthusiasm of our members, we’ve sold more than 1 million products already. Offering Madonna’s fabulous new album MDNA at $7.99, 47% off retail, is a big thank you kiss to our members for helping us get so far, so quickly.
The celebrity endorsement angle is another win for Fab, which just hit 3 million members and is exploding in growth since its pivot last year. Armed with over $40 million in VC money from Andreessen Horowitz and others; Fab has been on an acquisition spree and is projecting $100 million in revenue in 2012.