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	<title>Pulse2 Technology and Social Media News &#187; IODA</title>
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		<title>IODA Receives Investment From Sony</title>
		<link>http://pulse2.com/2009/07/02/ioda-receives-investment-from-sony/</link>
		<comments>http://pulse2.com/2009/07/02/ioda-receives-investment-from-sony/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 21:27:23 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[IODA]]></category>
		<category><![CDATA[Sony Corporation]]></category>

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		<description><![CDATA[Sony Music Entertainment has invested in IODA, an online music distribution company.  Financial details about the transaction were not available.  But Sony did mention that they will be integrating IODA&#8217;s services into RED, a company that Sony bought back in &#8230; <a href="http://pulse2.com/2009/07/02/ioda-receives-investment-from-sony/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-17029" title="ioda-logo" src="http://mediaserver.pulse2.com/uploads/2009/07/ioda-logo.jpg" alt="ioda-logo" width="202" height="108" /></p>
<p><strong>Sony Music Entertainment has invested in <a href="http://www.iodalliance.com/">IODA</a>, an online music distribution company.  Financial details about the transaction were not available.  But Sony did mention that they will be integrating IODA&#8217;s services into RED, a company that Sony bought back in 1994.</strong></p>
<p>IODA has about 2 million music tracks and about 2,000 videos in their collection.  Some of IODA&#8217;s partners include iTunes, Amazon.com, and MySpace Music.</p>
<p>[via <a href="http://paidcontent.org/article/419-sony-invests-in-online-indie-music-distributor-ioda">paidContent</a>]</p>
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