After completing a deal with the four majors recently, MySpace has now expanded its music download catalogue through a deal with IODA, the Independent Online Distribution Alliance.
IODA has more than one million independent tracks in its catalogue, sourced from artists all over the world.MySpace will include the IODA catalogue to its shop alongside titles from Warner, Universal, EMI and Sony.
“Many of IODA’s labels have been early and active participants in the MySpace Music community, and consider it an essential tool to develop relationships with their fans,” said Kevin Arnold, CEO and founder of IODA. “We’re happy to bring the opportunity to monetize all of this activity to our clients, and look forward to seeing what an ad-supported streaming model can generate with the resources of MySpace behind it.”
“The independent music community has been a cornerstone of MySpace Music,” said Chris DeWolfe, Co-Founder and CEO of MySpace. “We remain fully committed to building an economy for artists and providing them with the necessary tools to further their careers and better connect with music fans everywhere. We’re thrilled to welcome IODA and its more than 50,000 artists to MySpace Music.”
IODA distributes thousands of labels from more than 50 countries. Through IODA, the works of Arts & Crafts, Ace Records, Nacional Records, Ghostly International, Bonnier Amigo, Cherry Red Records, Cooking Vinyl, Demon Music Group, Fat Cat Records, Kanine Records, Light in the Attic, Na•ve, Premium Latin Music, Relapse and Rounder Records can now be found on MySpace.
