![]() The acquisition is subject to necessary regulatory approvals. SONY MUSIC remains committed to operating THE ORCHARD independently with the goal of improving the revenue and profitability of its distribution clients. It also will allow the companies to work more closely together to drive improvements throughout the digital supply chain and quality of revenue reporting. This investment will allow SONY MUSIC to further enhance its relationships with distribution clients all over the world. This data is then FTPd every Monday no later. At that time, THE ORCHARD became the digital distributor for RED and select catalogues from SONY MUSIC affiliates outside of the U.S. The SONY SoundScan data feed is a weekly data dump of The Orchards release and track data from art relations. SONY MUSIC became the majority investor in THE ORCHARD in March 2012 following the merger of THE ORCHARD with IODA, a SONY MUSIC-owned digital distribution company. Sony Music Entertainment will be a strategic investor. THE ORCHARD will continue to operate separately from SONY MUSIC and will be led by its existing executive team. The Orchard and the Independent Online Distribution Alliance (IODA), the two largest digital aggregators in the United States, are merging. SONY MUSIC ENTERTAINMENT has acquired the remaining interest in THE ORCHARD, the global independent music, video and film distribution company. indie labels that use aggregators like IODA/Orchard to make their catalog available self-released artists/bands that use distributors like CD Baby or TuneCore to get their music into stores and. ![]()
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