HitsDailyDouble are reporting that independent digital rights aggregator The Orchard have bought many of the assets from US indie label TVT which, as previously reported, recently went into liquidation. Details of the deal are few. More if and when we get it. (Actually, this has just been confirmed by the New York Post - more on it on Monday).
We do know that The Orchard have just promoted VP Of Operations Brad Navin to a General Manager role, and that VP Of Operations & Technology Dan Pifer is now Exec VP of that division. Meanwhile Alexis Shaprio has been recruited as Senior Counsel and Deana Graffeo as Director Of Corporate Marketing & Communications. We know this because they said so.