A CD or DVD tray made from paperboard is provided. The tray may be made from 100% recycled paperboard and can be 100% recyclable. The design of the tray or holder (used interchangeably throughout) uses the structural geometry of facets, central hole and radial slits to form a hub that achieves the function of securing the CD to the tray. Non-structural paper stock is formed into an effective fastening device whereby the fit of the hub is determined by the geometry of the folded paper. The paper tray of the present invention duplicates the functionality of plastic trays and is compatible with industry auto-loading, while providing the environmental benefits of paper.