The Orchard’s Music Catalogue [including Coldplay] to Be Available on MySpace.Co
Through Landmark Agreement With SNOCAP – Pioneering Technology Firm to Facilitate Digital Storefront Solution for Orchard-Distributed Labels and Artists
NEW YORK, NY — (MARKET WIRE) — October 31, 2006 — The Orchard, the world’s leading digital distributor and marketer of independent music, and SNOCAP, the first end-to-end provider of digital licensing, copyright management, and artist distribution for the digital music marketplace, today announced a groundbreaking agreement to deliver e-commerce technology to Orchard-distributed labels and artists though their MySpace profiles or web sites.
Under the agreement, Orchard customers will be able to use their MySpace pages as digital storefronts, with SNOCAP providing a secure commerce environment through its Digital Registry and The Orchard providing royalty administration, accounting, and payment services.
“This new and revolutionary offering adds to the already comprehensive menu of services we provide to our labels and artists by allowing them to manage their own digital retail storefront within their MySpace page,” said Greg Scholl, chief executive of The Orchard. “SNOCAP’s e-commerce solution on MySpace represents a powerful new sales and promotion platform — one that further transforms how artists and their fans interact.”
“SNOCAP’s Digital Registry allows artists and labels to sell their music online while retaining full control over its distribution,” said Rusty Rueff, chief executive officer for SNOCAP. “By adding The Orchard’s extensive catalog of independent music to our Registry, our two companies are dramatically expanding the digital music marketplace for independent artists and fans alike.”
SNOCAP’s easy-to-use service for registering digital content and managing online distribution will enable a more vibrant digital music marketplace, bringing more music to more people through more outlets. SNOCAP’s Digital Registry empowers artists and labels to easily promote and sell their music through digital retailers or through their own unique artist store. In turn, these retailers have a growing inventory, offering more music to more fans. SNOCAP’s products include the P2P Plug-in (allowing P2P to be used in a copyright respecting manner) and SNOCAP Linx (to seamlessly integrate content sales into a web site).
SNOCAP provides digital music technology and services to leaders in the global marketplace for digital music, including Universal Music Group, Warner Music Group, SONY BMG MUSIC ENTERTAINMENT, EMI, TVT Records, Artemis Records/Sheridan Square Entertainment, Beggars Group, Nettwerk Records, Matador Records, One Little Indian Records, Ryko Group and an extensive roster of other leading independent labels. Founded by Shawn Fanning, Jordan Mendelson and Ron Conway in 2003, the company is based in San Francisco.
About The Orchard
The Orchard is the world’s leading digital distributor and marketer of independent music, with a catalogue of more than one million tracks representing 73 countries, thousands of labels, and every music genre. This catalogue includes titles from multi-platinum acts such as Green Day, Coldplay, Ray Charles, and Ice T, as well as from breaking bands like The Hold Steady, Bedouin Soundclash, and Immortal Technique. The Orchard supplies all the leading legal digital music stores and mobile operators throughout the world and markets its labels’ catalogues for sync song placements in films, commercials, and television shows. The company is owned by Dimensional Associates, the private equity arm of JDS Capital Management, Inc., whose portfolio companies also include eMusic and Dimensional Music Publishing. The Orchard is headquartered in New York and London, with offices in 23 countries and six continents. For more information, please visit: www.theorchard.com.