The Orchard’s global family just got bigger adding leading independent distributors, Phonofile and finetunes. Both distributors will become wholly owned subsidiaries of The Orchard, giving The Orchard an expanded local presence in its European operations. All labels distributed by Phonofile AS of Norway and finetunes GmbH of Germany will gain access to The Orchard’s vast services across 25 territories worldwide.
As stated by finetunes Founder and Authorized Officer, Oke Göttlich:
“Today is a big day for our finetunes family. We feel confident that our labels will be best positioned for a healthy and prosperous future alongside The Orchard, who is dedicated to serving independents on a global level.”
The Orchard’s CEO, Brad Navin, comments on the acquisition, stating:
“We’re honored to welcome finetunes and Phonofile to The Orchard family. Their addition greatly enhances our local representation in two of Europe’s key digital entertainment markets. Both teams are extremely knowledgeable and passionate, and they do an excellent job representing some of the most prestigious and important independent labels in Germany and the Nordics respectively. In joining together, we believe we have an exciting opportunity to provide even greater levels of service and global reach to our local clients.”
For more details regarding this acquisition, find the full press release here.