Tag: kobalt

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Kobalt revenues rise but its losses have increased too

Kobalt’s soon-to-be-published financial results reveal that its revenues rose by 25.6% to $245.1m in its last full financial year, which ended on 30 June 2015. The company ended that year with more than $46m of cash...
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2015’s top 100 digital music stories

What a year, eh? From Taylor Swift and Adele to Apple Music and YouTube Red, taking in cancelled IPOs, mouthy label bosses and a Tidal relaunch event that saw Deadmau5 shunted out of position to avoid "helmet clash" with...
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Sandbox 146 – Waxing Lyrical

Lead: outside of sheet music, lyrics were once often dismissed as being of peripheral interest. Now they are being put front and centre of marketing campaigns. We look at the acts who have been embracing this most and assessing...
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Sammy Andrews and Darren Hemmings talk social, streams and Kobalt

If you want an opinion or ten on digital music marketing, you could do worse than start with Sammy Andrews or Darren Hemmings. Head of digital at label Cooking Vinyl and founder of digital agency Motive Unknown respectively,...
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Kobalt boss goes after collecting societies with YouTube deal

Kobalt’s AMRA announced a new royalty collections deal with YouTube last week, and boss Willard Ahdritz is making no bones about having traditional collecting societies squarely in his sights. “We hear all of this...
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Confusion over YouTube’s $2bn (or $1bn) of music payouts

Early this week, Kobalt announced an important new licensing deal for its AMRA collection society: a global agreement with YouTube covering more than 100 countries, excluding the US and Canada. It’s the latest coup for...
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Kobalt’s AMRA inks licensing deal with Apple Music

Collecting society the American Mechanical Rights Agency (AMRA) is now one plank in Kobalt’s ambitious plans to create a stir within the digital music ecosystem, having been acquired by the company two months ago. Yesterday,...
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Kobalt launches its own digital collection society

Kobalt acquired the American Music Rights Association (AMRA) last year and has used that as the foundations for its own society – what it rather grandly terms “”the first global, direct, digital mechanical and performing...
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Kobalt: ‘The attitude that we should kill streaming is a huge mistake’

Kobalt CEO Willard Ahdritz has been a vocal supporter of streaming services, and his latest interview with Billboard doesn’t change that. “This attitude that we should kill streaming is a huge mistake. In Scandinavia...
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How has the streaming music age changed indie label strategies?

"For a lot of people who have switched to streaming as their mode of listening, those people are probably not likely to buy records. That's Nicolas Rizzi of The Orchard speaking this morning during a panel session at indie...
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Surprise album releases? They’re ‘exciting’

Kendrick Lamar is just the latest prominent artist to release their new album by surprise. Kobalt UK’s marketing director, David Emery, thinks it’s a good thing more artists are shortening their pre-release plans. “There’s...
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Kobalt raises $60m in funding round led by Google Ventures

Transparency is a big deal for Kobalt: a key part of the music publishing firm’s pitch to songwriters is its promise to not just track and collect more digital royalties for them, but to ensure they get faster, clearer...