IODA Signs Worldwide Deal With Naxos Of America
IODA‚ the Independent Online Distribution Alliance?‚ announced a worldwide digital distribution deal with Naxos of America, America's leading classical music distributor. Naxos of America will use IODA's Digital Distribution Dashboard (D3) technology platform to distribute and manage its distributed labels' music online, in an agreement that also includes extended digital distribution of Naxos' renowned label catalog of more than 70,000 tracks to select digital service providers. The announcement was made at the NARM Insights and Sounds Convention, currently underway in San Diego. IODA founder and CEO Kevin Arnold is scheduled to lead NARM's Special Interest Group discussion on Digital Music and participate in the conference's Indie Seminar.
Naxos of America is the most recent independent distributor to sign on to IODA's D3 platform since its launch in June. D3 provides an easy, fast, and low cost solution for physical music distributors to offer comprehensive digital services to their label clients, powered by a proven, industry-leading digital distribution platform. Distributors enjoy the benefits of a custom branded implementation of IODA's unique Rightsholder Dashboard tools and distribution platform, while maintaining their important label relationships directly. IODA takes care of all licensing, encoding and delivery, and accounting functions on behalf of the distributor and provides promotion and marketing support, as well. Other current D3 include Allegro/NAIL, Synergy Distribution, Outside Music, Tonevendor Distribution, Inertia Distribution, MP3.com.au, Sonic Rendezvous, and KSD Music.
"D3 continues to help indie distributors make the leap from physical to digital distribution quickly and easily," said IODA founder and CEO Kevin Arnold. "We have seen outstanding success with classical music online and are pleased to be involved in helping Naxos of America make the most of their digital business initiatives."
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