UPDATE: It’s now available in the United States, Canada, and the United Kingdom! It’s also worth noting that if you buy it online, buy it on iTunes. It’s $4.99 USD vs $5.94 USD on Amazon. Why the price difference? I do not know.
UPDATE 2: The digital booklet it comes with contains song lyrics. I won’t post the full thing it due to copyright, but here’s a quick glimpse of one of the pages thanks to @Marlon58670.
Starting today, February 8th, Club Penguin’s first ever CD, the Party Starts Now EP is now available!It’s not available everywhere yet though, so be patient. I know for a fact that it’s out now in Belgium and will be released in the United Kingdom on February 10th and the 12th for the United States and Canada. The dates vary country to country, but this is the first day for any country.
If you buy it in stores (Wal-Mart and Target, US only) it comes with a redeemable code to unlock the Bling Bling Necklace item. The digital download does not come with the code, but don’t worry! You can still obtain the item. Simply forward the receipt of the digital purchase (iTunes and Amazon automatically send one) to the Club Penguin Support team and they will add the item to your account!
Thanks to Mattou2 for the reminder about this.