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Soundcloud Confirms Deal With Sony, The Orchard, RED Distribution [FULL TEXT OF OFFICIAL ANNOUNCEMENT]
![Soundcloud Confirms Deal With Sony, The Orchard, RED Distribution [FULL TEXT OF OFFICIAL ANNOUNCEMENT]](https://s3.amazonaws.com/allaboutjazz/photos/news/SoundCloudLogo200b.png)
Source:
HypeBot
Earlier today we reported that Soundcloud has reached a deal with Sony Music Entertainment. Now it's official. Alongside deals with WMG, UMG and Merlin, the agreement paves the way for a Soundcloud paid subscription service later this year. Here is the full text of the announcement: Read Our Analysis Here SOUNDCLOUD ANNOUNCES CONTENT PARTNERSHIP WITH SONY MUSIC ENTERTAINMENT Agreement Includes Content From The Orchard and RED Distribution SoundCloud, the world’s largest community of music and audio creators with 175 million ...
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The Orchard Dumps SoundExchange, Goes Direct to SiriusXM for Royalties
Source:
HypeBot
Once only available to major players, direct deals with digital broadcasters and services are starting to trickle down into the music indie sector. The latest defection from SoundExchange is indie music and film distributor The Orchard, who announced the move in a letter to its artists and labels. Some of the better know labels distributed by The Orchard include Cleopatra Daptone, Eclipse, Frenchkiss, Purenoise, Nuclear Blast, Sesame Street, TVT and Shoot to Kill Music While details of the deal were not ...
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Old Orchard Gazebo Series to Include Jim Manley, Miss Jubilee, Erin Bode, and More
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St. Louis Jazz Notes by Dean Minderman
The Old Orchard Gazebo Music and Movie Series is adding more jazz to its 2013 schedule. In the recent past, the free concert-and-film events - sponsored by the Old Orchard business district in Webster Groves with music programming help from Euclid Records - have included bands from a variety of genres, notably indie rock and Americana, but this year's lineup includes several acts of potential interest to local jazz fans. The 2013 schedule is: Friday, June 14: Javier Mendoza & ...
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Former Orchard CEO Greg Scholl Returns to Music as Exec. Director Jazz at Lincoln Center
Source:
HypeBot
Greg Scholl, the former CEO of digital music powerhouse The Orchard, is returning to the music industry as the Executive Director of Jazz At Lincoln Center. Working alongside Founder and Artistic Director Wynton Marsalis, Scholl will take the helm of the not-for-profit arts organization next month. After leaving The Orchard in September 2009, Scholl became President, Local Integrated Media at NBC Universal. But his first love has always been music. “I worked with some great people at NBC and I'm ...
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Executive Changes: Orchard, Blue Note, Sony, RIAA
Source:
HypeBot
The Orchard has named Peter McCarthy SVP of Marketing. McCarthy was formerly of Random House. Producer and musician Don Was has been named Chief Creative Officer of EMI's Blue Note Records label. The RIAA has named Cary Sherman its Chairman & CEO, effective September 1st as Mitch Bainwol exits. Sherman has served as RIAA President since 2001. Read Bainwol's farewell letter to the music industry here. MORE: New Sony head Doug Morris makes his moves: Edgar Berger has been named ...
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Rethink Music Preview: The Orchard's Richard Gottehrer on What Independent Musicians Can Expect from Record Labels
Source:
We All Make Music
[Editor's Note: Next week, we're going to be covering Rethink Music up in Boston. To get you in the mood, we thought we'd reach out to a couple panel moderators and get some advice/information out of them. This is the first of two pieces] Richard Gottehrer knows the music business inside and out. Over the course of his nearly 50 year career, Gottehrer has worked as a songwriter, artist, manager, label head, and producer for some fairly incredible names: he ...
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The Orchard Reports Revenue Up, Losses Down
Source:
HypeBot
On Friday, digital distributor The Orchard reported financial results for the quarter that ended March 31st. It was the first quarter reported since a round of layoffs and cost reductions.
Revenue increased 16% to $17.8M in the quarter $15.3 million in the first quarter of 2009.
Gross profit margin was 25% compared to 28% in the first quarter of 2009.
Operating expenses dropped to $4.9 million helped from $5.7 million in the corresponding period of 2009.
The ...
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Dimensional Raises Bid to Take the Orchard Back
Source:
HypeBot
Dimensional Associates has once again raised its bid to purchase digital distributor The Orchard and take the company private. Dimensional which is the private equity arm of JDS Capital and also owns eMusic, is alrady The Orchard's majority stock holder.
From an initial offer of $1.68 a share, Dimensional had up their bid to $1.84 and have now according to a recent SEC filing they have raised it a $2 a share. The Orchard's “special committee" is evaluating the offer. ...
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The Orchard Reports Revenue Increase of 13% in Second Quarter 2009 as Compared to Second Quarter 2008
Source:
Just Roots PR
The Orchard reported financial results for the second quarter of 2009.
Second Quarter Results
For the second quarter of 2009, revenues were $15.1 million, compared to $13.4 million for the second quarter of 2008, an increase of 13%.
The Orchard’s gross profit margin was 27% in the second quarter of 2009, as compared to 26% in the second quarter of 2008.
As of June 30, 2009, there were approximately 1.5 million music tracks available for sale, an increase of 29% ...
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Official Music Video for "My Heart" from Lizz Wright's New Album, the Orchard | Lizz Wright | Video
Source:
All About Jazz
