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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

Scandinavia’s Largest Film Sales Company TrustNordisk Chooses The Orchard for Digital Marketing and Distribution

23/11/2009 2:30pm

Business Wire


Orchard Enterprise (MM) (NASDAQ:ORCD)
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The Orchard, a full service media company specializing in the distribution of music and video entertainment, announced today that it has entered into a partnership with TrustNordisk, the largest film sales company of Denmark, Norway, Sweden, Finland, Iceland, and the Faroe Islands. The Orchard will handle the marketing and worldwide digital distribution of TrustNordisk’s esteemed film catalogue, including Cannes Palme d’Or Winner Dancer in the Dark, Grand Prix winner Breaking the Waves, 2006 Silver Bear winner Feste, and Oscar nominee After the Wedding.

“As we conquer more genres with each distribution deal, we realize our technology is unmatched in delivering film and television content in volume and high quality to key digital retailers,” commented Brad Navin, Interim Chief Executive Office for The Orchard. “We’re looking forward to bringing TrustNordisk’s films to our retail partners, and we believe that by making these films available in North America and overseas, consumers and distributors alike will understand the power of our marketing and distribution,” he added.

Following recent partnerships with famous comedy brand National Lampoon, action sports mogul VAS Entertainment, and independent film companies IndiePix and Dogwoof Films, the partnership with TrustNordisk marks the latest growth in The Orchard’s diverse video catalogue.

“The Orchard is absolutely the best choice for us,” remarked Rikke Ennis, CEO of TrustNordisk. “We’re confident that they have the technology and talent in place to deliver and promote our films to key outlets in the appropriate regions.”

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, studios, 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.

1 Year Orchard Enterprise (MM) Chart

1 Year Orchard Enterprise (MM) Chart

1 Month Orchard Enterprise (MM) Chart

1 Month Orchard Enterprise (MM) Chart