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...
April 4, 2016
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...
December 23, 2015
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...
December 2, 2015
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,...
November 16, 2015
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...
November 2, 2015
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...
October 27, 2015
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,...
August 5, 2015
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...
June 9, 2015
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...
April 30, 2015
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...
April 9, 2015
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...
March 23, 2015
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...
February 27, 2015