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ORCD Orchard Enterprise (MM)

2.04
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Orchard Enterprise (MM) NASDAQ:ORCD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.04 0 01:00:00

Latin Recording Academy Presents Orchard Artists with Grammy Honors

06/11/2009 3:55pm

Business Wire


Orchard Enterprise (MM) (NASDAQ:ORCD)
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The Orchard (NASDAQ: ORCD), a full service media company specializing in the distribution of music and video entertainment, today announced that Latin artists represented for marketing and distribution have taken home top honors at last night’s Latin Grammy Awards, which were held at The Mandalay Bay Events Center in Las Vegas.

Orchard-distributed Latin Grammy wins were as follows:

  • Peter Manjarres (Codiscos), Best Cumbai/Vallenato Album, Tropical
  • Sergio Reis (Atração Fonográfica), Best Sertaneja Music Album, Brazil
  • Leopoldo Federico (EPSA Music), Best Tango Album, Traditional

With the largest independent distribution network and some of the most innovative marketing campaigns, The Orchard supports these Grammy winning artists and their respective labels, as well as other household Latin names such as Joan Sebastian, Chalino Sánchez, Pepe Aguilar, Héctor Lavoe, Celia Cruz, Banda El Recodo, Adan Romero, Los Diablitos, Grupo Niche, and many more.

"We are proud to lead the Latin and Brazilian music genres worldwide in the digital market. From EPSA Music’s Argentinean tango to the Salsa sounds from Fania here in the US, Orchard distributed clients define the past, present and future of this vibrant and growing musical genre," commented Brad Navin, Interim Chief Executive Officer of The Orchard.

The Orchard powers music at over 730 storefronts, including the most influential mobile outlets in Latin America, like Telcel, which serves over 75% of Mexico’s mobile market and more than 90% of Mexico City’s population, Telefonica, Claro, and delivery to services such as Nokia’s Comes with Music and Sony Ericsson’s Play Now. Through various partnerships, The Orchard brings Latin and Brazilian music as mastertones, ringback tones, and full MP3’s to music fans everywhere.

About The Orchard(R)

Headquartered in New York and London with operations in 25 markets around the world, The Orchard (NASDAQ: ORCD) is a full service media company specializing in the distribution of music and video entertainment. Founded in 1997, the company is a global leader in digital marketing and distribution, driving sales across more than 730 digital storefronts and mobile carriers in 69 countries. Fostering creativity and independence, The Orchard enables labels, artists and rights holders to grow and monetize audiences globally. For further information please visit www.theorchard.com.

Forward Looking Statements

This release may contain certain forward-looking statements regarding The Orchard's expectations regarding future events and operating performance within the meaning of Federal Securities laws that are subject to certain risks and uncertainties and involve factors that may cause actual results to differ materially from those projected or suggested. Factors that could cause actual results to differ include, but are not limited to, the ability of The Orchard to distribute certain products, videos and films and provide certain marketing and other services. Undue reliance should not be placed on such forward-looking statements as they speak only as of the date hereof, and The Orchard undertakes no obligation to update these statements to reflect subsequent events or circumstances except as may be required by law. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in The Orchard's most recent periodic reports on Form 10-K and Form 10-Q that are filed with the Securities and Exchange Commission.

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