Tagged: ioda

It might be a little late in the day, but Sony seems to have decided to try taking digital music seriously . It had owned 51% of the incorrectly named IODA - "Independent" Online Distribution Alliance - and now it's going to buy up the rest, in order to be able to merge it with the other significant American digital distributor, The Orchard. Sony will then own about half of the new company, which will be called The Orchard. Keeping it? This is a fairly dull post, but probably quite significant: as a label, Sony [...]

You might have seen this last week on Gizmodo, and at the time James M pointed it out to me but it fell off my 'to do' list - Tim Quirk from Too Much Joy shares his digital royalty statement from Warners . It's best read against the backdrop of that repeated mantra from the majors, insisting that everything they do they do for the artists: Our IODA royalties during that time had totaled about $12,000 – not a princely sum, but enough to suggest that the total haul over the same period from our [...]

Spotify might still not quite have thought of a way of making money, but they're spending the cash they don't have in very imaginative ways: they've just signed up IODA . Which brings a whole bunch of new bands to the service, and "international partners". Like, erm, Bonnier Amigo Music Group. No, seriously, I'm sure they're bringing some great things to the party. It's all good news. Providing they can work out how to make money. (I suspect the plan now is keeping fingers crossed for an advertising upturn.) [Story via @glinner ]

After a barrage of complaints about a deal which excluded independent labels, MySpace Music has signed up with IODA , one of the indie umbrella groups. So, everyone's happy, right? Not quite - for, while the majors got a slice of MySpace Music pie for jumping into bed with MySpace, IODA aren't. The equity deal was a bit of a duff deal for the labels and the musicians they supposedly represent; the indies are getting something worse.