Wednesday, November 14, 2018

Did Spotify Just Signal An Investment In The Orchard? | hypebot

Orchard LogoDid Spotify just share a big hint that is is investing in The Orchard?  Days before the streamer announced an investment and partnership with DistroKid, it prominently featured the DIY distributor as the only logo on a page announcing its Spotify Preferred Distributor program. 

Now a logo for The Orchard has been added; and there is still none for "Preferred" distributors CD Baby and EmuBands or "Recommended" distributor FUGA.

Preffered Spotify for ArtistsSince it is currently owned by Sony, The Orchard should have no need for cash.  But Spotify is known for making unconventional moves that upend current music industry paradigms. 

MORE: Spotify Lists Preferred Distributors, Just 5 Make Cut


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