Music Ally

Sony Music Entertainment has taken an undisclosed stake in digital distributor, and plans to integrate parts of the latter’s platform with its RED distribution subsidiary. Sony says the deal shows its commitment to expanding its services to indie labels. “Sony Music is committed to offering independent labels and distributors the most compelling package of distribution services in the industry,” says Sony’s Thomas Hesse.

Telefonica has announced an agreement to make independent digital distributor IODA’s catalogue of over a million tracks available to mobile users in 24 countries, both as paid-for downloads and through Telefonica’s subscription services. Latin music appears to be a big element in the deal, judging by IODA CEO Kevin Arnold’s comments: “In the last four years, we have built the largest roster of independent Latin music labels available in the industry. IODA’s partnership with Telefonica reflects both our commitment to mobile as a growing part of our business, as well as our passion for Spanish, Latin and World music.”