The Orchard, an independent music distributor owned by Sony, has acquired two of its rivals. It has purchased German-based finetunes and Norway-based Phonofile. The labels distributed by these companies will gain access to the services provided by The Orchard. Continue Reading
Universal Music Group leads the labels in volume of audio streams distributed in the U.S. during 2016, according to Music Business Worldwide. The major was responsible for 84.03 billion audio streams, about a third of the total market. Continue Reading
Playster has inked licensing deals for its planning streaming music revamp with Sony Music Entertainment, Warner Music Group, and The Orchard. B2B music specialists 7digital will be powering the redesigned platform. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves are both high-level personnel changes in Sony businesses. Continue Reading
Indian streaming service Gaana announced a partnership with The Orchard, a Western media distribution company representing many indie musicians. The deal adds more than 7 million songs by independent artists to Gaana’s catalog for a total library of 10 million tunes. Continue Reading
Indie distribution company The Orchard announced that it has purchased RoyaltyShare, a royalty-processing service, and made a strategic investment in a second royalty processor, Korrect. Thanks to the combined elements of those businesses, The Orchard will be providing a standalone royalty processing service for independent record labels. Business management has been a pivotal topic for independent artists as more listening happens in the online space, especially with the popularity of streaming platforms. Continue Reading