The Hobgoblin 40th Anniversary CD (catalog number HOBCD040) is a unique compilation album released by Hobgoblin Music in 2017 to celebrate four decades as a staple of the folk music community. Following the tradition of their 25th-anniversary release, this collection exclusively features performances by the company's own "musical family"—past and present staff members from various UK shop locations. The tracklist showcases a diverse range of folk styles, including tracks from founders Pete and Mannie McClelland (performing with Blackthorn), accordion work from Birmingham manager Mark McCabe, and contributions from artists like Ollie King, Georgia Lewis, and Jacquelyn Hynes. It serves as both a historical tribute to the shop's legacy since its founding in 1976 and a vibrant showcase of the professional-level musicianship that powers the world's most famous folk instrument specialist.