Tag: kobalt

Like a child scrambling to spend their birthday money on V-Bucks or Robux within seconds of being given it, Hipgnosis Songs Fund isn’t wasting any time spending its latest injection of cash from investors. This morning...

The appetite for publishing catalogues remains voracious out in investorland, so at this point all but the largest companies in that space can be seen as potential acquisition targets. Kobalt included. Bloomberg reported today...

Music distributor AWAL says that "hundreds" of its artists now earn more than $100k a year from streaming, and that this number (of artists) has grown by more than 40% in the last year. The company also said that "dozens"...

Friday's Music Ally TV Show focused on the #TheShowMustBePaused campaign, and the next steps that the music industry needs to take as a result. Our panelists were Mulika Sannie, Keith Harris and Estée Blu. Sannie is VP...

Recently, Goldman Sachs published a report with new predictions for music industry revenues in 2020, Covid-19 impact included. It forecast a 75% drop for live music revenues, but growth of 3% for recorded music and 3.5% for...

In August last year, we reported on a copyright infringement lawsuit filed against Spotify by Eminem’s publisher Eight Mile Style, based on around 250 songs from the company’s catalogue. The latest development...

Start today with the announcement that Beyoncé’s BeyGood foundation is donating $6m to various community-based organisations, UCLA and the National Alliance in Mental Illness. “Communities of color are suffering...

Kobalt Music Group has published its financials for the fiscal year that ended on 30 June 2019. The company’s revenues grew by 35.1% year-on-year to $543.4m, but its total comprehensive losses for the year, net of tax,...

Music firm Kobalt has a new boss, although he’s not a new face at the company. Current president and chief revenue officer Laurent Hubert is now Kobalt’s CEO, as its founder Willard Ahdritz is stepping back to a role...

Kobalt is already one of the most well-funded companies in the music-rights space, having raised £205m so far including $60m in 2015 and $89m in 2017. And that doesn’t include the separate Kobalt Capital managed fund,...

The company whose brand is literally ‘artists without a label’ has revealed that its latest partnership is with… a label! And it’s a deal to send some cats scampering among the pigeons, since AWAL’s new partner...

Lead: In an age of constant digital distractions, sometimes it is better to play the short game. We trace the rise of the micro ad and how it is being tailored to stand out when users are rapidly hopping and grazing across...