Kobalt’s Label Services division did an impressive job with the new Nick Cave album, and now it’s getting the chance to prove its mettle with another well-known artist. Pet Shop Boys announced yesterday that they’ve left Parlophone Records after 28 years signed to the label, in favour of releasing their next album ‘Electric’ through Kobalt. The new album is due out in June, with a YouTube teaser released yesterday to stoke up fan anticipation (and judging by its Big Fat Bassline, that anticipation may not be misplaced). “When we signed to the label in 1985 we had no idea how long and successful a relationship we were embarking on. However it is also exciting now to commence a new phase working with a new team in a new business structure and we look forward to a creative and equally fulfilling relationship with Kobalt,” said the band in a statement.
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In the year or so since its launch, AI startup Kaiber has been making waves,…