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  5. The Orchard Enterprises Acquires Phonofile AS

M&A Deal Summary

The Orchard Enterprises Acquires Phonofile AS

On May 4, 2017, The Orchard Enterprises acquired media company Phonofile AS from SendR SE

Acquisition Highlights
  • This is The Orchard Enterprises’ 2nd transaction in the Media sector.
  • This is The Orchard Enterprises’ 1st transaction in Norway.

M&A Deal Summary
Date 2017-05-04
Target Phonofile AS
Sector Media
Buyer(s) The Orchard Enterprises
Sellers(s) SendR SE
Deal Type Divestiture

Target

Phonofile AS

Oslo, Norway
Phonofile AS is a successful and profitable digital pioneer, and the biggest of its kind in the leading Nordic markets. Company highly skilled team strive to provide independent labels and their artists with the best possible knowledge and tools for understanding and acting in the constantly changing world of digital music. From offices in Oslo, Stockholm, Gothenburg, Copenhagen, London and New York company distribute music from innovative and ambitious labels to the whole world.

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Buyer(S) 1

Buyer

The Orchard Enterprises

New York, New York, United States
Category Company
Founded 1997
Sector Business Services
DESCRIPTION

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.

DEAL STATS #
Overall 3 of 3
Sector (Media) 2 of 2
Type (Divestiture) 2 of 2
Country (Norway) 1 of 1
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-04 finetunes

Hamburg, Germany

finetunes GmbH are passionate about music, artists and labels. Since 2003 company focus has been to create fair and innovative music-driven success stories for independent labels and licensing partners. With offices in the UK, USA, France and Germany we aim to provide successful marketing solutions for our products through daily, dedicated work with a personal touch. Transparency and innovation are not just buzzwords but some of the main pillars finetunes as a company is built on.

Buy -

Seller(S) 1

SELLER

SendR SE

Hamburg, Germany
Category Company
Sector Media
DESCRIPTION

SendR is a digital distributor and license exploitation enabler. SendR currently enables the non-physical exploitation of more than a million media assets (audio- and video-tracks) with about 450 licensees (including Apple iTunes, Amazon, GooglePlay, Spotify, YouTube etc.). The services offered by its affiliate companies cover the entire value chain for digital media (esp. audio and video) content. Its affiliate companies are both provider and supplier for artists, record labels, licensed digital services providers and private consumers.

DEAL STATS #
Overall 2 of 2
Sector (Media) 2 of 2
Type (Divestiture) 2 of 2
Country (Norway) 1 of 1
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-04 finetunes

Hamburg, Germany

finetunes GmbH are passionate about music, artists and labels. Since 2003 company focus has been to create fair and innovative music-driven success stories for independent labels and licensing partners. With offices in the UK, USA, France and Germany we aim to provide successful marketing solutions for our products through daily, dedicated work with a personal touch. Transparency and innovation are not just buzzwords but some of the main pillars finetunes as a company is built on.

Sell -
Mergr

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