The Orchard, one of the largest independent music distributors, is going away from being a public company and into a private one. The largest shareholder, Dimensional Associates, has offered to buy the remaining 58 percent of the shares for $2.05 a share, making the whole company worth just over $13 million. The company has been losing money over the past year, while the shareprice has slumped as well.

Music Streaming Service MOG has announced that they’ve raised $9.5 million in a new round of funding, after previously raising $10 million.

The service launched last December and offers users to stream any music for $5 a month and in good 256kbps audio quality.

Finnish startup Linkotec, which makes the online-based music player DazzBoard — a sort of online rival to iTunes if anything — has announced that they’ve raised another $1.5 million in VC funding.

DazzBoard is a fully functioning media player ala iTunes but works only online and doesn’t have some of the constraints iTunes has. However, there still are constraints, for one, DazzBoard is only available on Windows where it requires a plugin to work (a Mac version is in development).

TuneWiki, the online social music player (and not really a wiki), has announced that they’ve raised $7 million in a Series A funding, led by Motorola Ventures, followed by Intellect Capital Ventures, HillsVen Capital, Novel TMT and prior investor Benchmark Israel.

TuneWiki offers apps for iPhone, Android and other handsets, where its player is capable of generating items like lyrics for each song, and generally more information (and products) about the songs they’re listening to.