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Ioda

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IODA is a San Francisco-based, global online distribution and music licensing company that provides various distribution, marketing, publishing and administrative services for selected independent record labels and recording artists, film and video companies, print media publishers and independent authors, as well as the major record company [l=Sony Music Entertainment]. 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. IODA has relationships with major mobile and online download retailers including iTunes, eMusic, Rhapsody and Amazon.com. On March 6, 2012, IODA and The Orchard merged, with Sony Music Entertainment serving as a strategic investor in the combined entity. Sony, which already owned 51% of IODA accelerated the acquisition of the remainder of the company to complete the deal with the Orchard.