San Francisco-based digital technology firm Independent Online Distribution Alliance (IODA) has completed the acquisition of London-based digital music distributor Uploader.
The newly-formed firm, IODA U.K, will handle all of Uploader's business operations, which include the London-based firm's roster of 50,000-plus tracks from Ben Lee, Buzzcocks, Dead Kennedys, Echo and the Bunnymen, Emperor, Fats Domino, Gary Numan and others.
Headed by managing director Pete Dodge, Uploader's entire staff will be retained by IODA U.K., the companies said in a joint statement issued from Midem to celebrate the completion of the deal. Darren Mothersele will continue to serve in a senior management role, as IODA U.K. director of technology.
Uploader was co-founded by Martin Goldschmidt, owner of Cooking Vinyl, and Mike Chadwick, former managing director of Vital Distribution and Revolver Distribution. Goldschmidt and Chadwick will continue with IODA U.K. in a consulting capacity, according to the statement.
"This deal puts our labels and employees in the best game in town for digital distribution and marketing in Europe, North America and soon places beyond," said Goldschmidt. "We look forward to moving into the next phase of IODA's international growth together."
IODA had disclosed its plans to buy Uploader during Popkomm, the European industry's other main music conference, last September.