IODA

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IODA
Company typePrivate
IndustryMusic & entertainment
GenreVarious
Founded2003
FounderKevin Arnold
Headquarters
San Francisco, CA
,
United States
Area served
Worldwide
Key people
Kevin Arnold
ServicesDigital distribution, marketing, technology, media encoding, metadata management
ParentSony Music Entertainment
SubsidiariesIODA Promonet
IODA Marketing
IODAcast
Websiteiodalliance.com

IODA (Independent Online Distribution Alliance) — now The Orchard[1] — is a global sales, marketing and distribution company servicing independent artists, labels, filmmakers and other content providers on hundreds of digital and mobile outlets around the world.

History

Founded in 2003, IODA provides various distribution, marketing, publishing and administrative services to selected independent record labels, physical distributors, video companies, recording artists, filmmakers, print media publishers and independent authors, including license negotiations, media encoding and metadata management, royalty payment administration and reporting, and marketing and promotional support

On July 1, 2009, Sony Music Entertainment and IODA announced their global strategic partnership to leverage combined worldwide online retail distribution networks and complementary technologies to support independent labels and music rightsholders.[2][3][4]

IODA has relationships with major mobile and online download retailers including iTunes, eMusic, Rhapsody and Amazon.com.

On March 5, 2012, Billboard reported that IODA and The Orchard were merging, with Sony Music Entertainment serving as a strategic investor in the combined entity. The report suggested that Sony, which already owned 51% of IODA, would accelerate the acquisition of the remainder of the company to complete the deal with the Orchard. The following day, IODA and The Orchard announced an agreement to combine their global digital distribution businesses in a merged company called The Orchard. Sony, which owns 50% of the new venture, has the option to buy the remainder of the merged company at a later date.[5][6]

IODA affiliated labels

IODA is affiliated with more than 100 labels, including the following:

Divisions

  • IODA Promonet
  • IODA Marketing
  • IODAcast

See also

References

  1. ^ Houghton, Bruce. "OFFICIAL: The Orchard & IODA Merge [More Details]". Hypebot.
  2. ^ "Sony Music Entertainment and IODA Partner to Create Leading Digital Distribution and Services Network for Independent Rights Holders". Sony Music Entertainment.
  3. ^ Adegoke, Yinka (July 1, 2009). "Sony Music, IODA Create Digital Network". Reuters News Agency. Retrieved July 1, 2009.
  4. ^ Christman, Ed (July 18, 2011). "What Exactly Is An Independent Label? Differing Definitions, Different Market Shares". Retrieved October 31, 2011.
  5. ^ Christman, Ed (March 5, 2012). "Orchard, IODA Merging; Sony Music To Invest In New Company".
  6. ^ Morris, Christopher (March 7, 2012). "Aggregators the Orchard, IODA merge". Variety.
  7. ^ "IODA Nordic". Cosmos Music Group.
  8. ^ "IODA Eclipse".

External links

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