Excerpt from full LA Times article:
“San Francisco-based INgrooves has been in business for 10 years, but few people have heard of it or its chief executive, Robb McDaniels. That’s beginning to change, in part because the company earlier this year purchased Fontana, a Los Angeles distributor of physical albums for more than 200 independent labels.
INgrooves is turning the most heads, however, for its role in the new digital economy. Last year, INgrooves distributed songs that rang up roughly $1 billion in digital revenue. And while it’s true that distribution isn’t the kingmaker it once was, as only a handful of labels have the resources to ship albums to thousands of physical stores, it’s an interesting perch from which to witness the digital tidal wave that has permanently transformed the music industry’s retail landscape.
As a sign of how much things have changed, McDaniels, 37, is scheduled to deliver the keynote address on Wednesday at the annual Music Biz 2012 conference of NARM and digitalmusic.org.”
Read the full article at http://latimesblogs.latimes.com/music_blog/2012/05/robb-mcdaniels-ingrooves-on-streaming-music-narm-2012.html