Palo Alto, CA – June 7, 2012
Woodside Capital Partners International LLC announces that it acted as financial advisor to IRIS Distribution, leading digital music distribution company, in its merger with The Orchard, an independent music and video distribution company.
“We’re joining The Orchard because we believe this merger is the best next step for our labels,” said Matt Laszuk, co-founder and president of IRIS Distribution. “The Orchard has strong marketing, technology and legal expertise, as well as both digital and physical product distribution, to give our customers the added momentum to help them succeed in their marketing and distribution activities.”
With the merger, The Orchard will provide IRIS customers with services at offices in San Francisco, New York, London, Berlin, Paris, Barcelona and Florence.
About IRIS Distribution
IRIS Distribution is the leading digital distribution company dedicated to the successful marketing and promotion of prominent independent music and video catalogs. Founded in 2003, IRIS provides a comprehensive suite of technical, marketing and legal services to independent record labels and physical distributors, helping them to navigate the emerging digital marketplace. IRIS currently distributes a select group of top independent record labels including Planet Music, Saban, Chemikal Underground, Duck Down Records, K Records, Kranky, Palmetto Records, Projekt, to over 350 digital outlets, including Apple’s iTunes Music Store, Beatport, eMusic, , and Real/Rhapsody; mobile channels such as AT&T, Boost, Cingular, CosmoGirl, MobileStreams, Sprint, T-Mobile, and Verizon; as well as video outlets including Apple’s iTunes Music Store. IRIS is based in San Francisco, California. For more information, please visit www.irisdistribution.com.
About The Orchard
The Orchard, a pioneering independent music and video distribution company operating in more than 20 global markets, provides an innovative and comprehensive sales and marketing platform for content owners. With industry-leading technology and operations, The Orchard’s creative, tailored approach streamlines its clients’ business complexity while amplifying reach and revenue across hundreds of digital and mobile outlets around the world, as well as physical retailers in North America and Europe. The Orchard was founded in 1997 to foster independence and creativity in the music industry. For further information, please visit www.theorchard.com.
About Woodside Capital Partners
Woodside Capital Partners is a global, independent investment bank that delivers world-class strategic and financial advice to emerging growth companies in the technology and life sciences sectors. With a strong track record in M&A, strategic partnerships and private placements, Woodside Capital Partners has been providing worldwide investment banking services since 2001. Woodside Capital Partners has offices in Silicon Valley and London, and leading domain experience in software, Internet services, electronic communications and materials, and life sciences. WCP Research offers institutional technology research services to buy-side institutional investors and technology industry executives. The team of Woodside Capital Partners has completed transactions totaling more than $10 billion. Securities offered through Woodside Capital Securities LLC, member FINRA/SIPC. For more information, please visit woodsidecap.com.
# # #
Press Release Contact:
Woodside Capital Partners International LLC