Kobalt’s revenues grew by 22% last year, and that it spent more than $300m on advances and music catalogues.
Tag: Kobalt
Posted inNews
Kobalt founder Ahdritz invests in music marketing startup unhurd
We wrote about British startup unhurd in August 2021 when it raised its first £250k of funding for a platform that automates music marketing.
Posted inNews
Lickd seals metaverse music deals with Empire and Kobalt
The licensing models for music in the metaverse – specifically virtual worlds and online games – are famously… nascent.
Posted inNews
Rightsholders play catalogue hokey cokey with Resso and Meta
In, out, in, out, shake it all about! It being your music catalogue if you’re a rightsholder wanting to make a point when negotiating…
Posted inNews
Investment firm Francisco Partners buys controlling stake in Kobalt
After months of speculation about whether Kobalt was up for sale, who might buy it and for how much, finally some concrete news.
Posted inNews
Kobalt to launch a collection of music NFTs based on lyrics
While artists and labels have hogged the headlines when it comes to launching music NFTs, publishers are exploring how they can get involved too.
Posted inNews
Kobalt US pullout gives Meta another licensing headache
Meta is having… let’s call it a ‘difficult’ month for its music-licensing strategy.
Posted inMarketing
Republic Records and Doja Cat bag 2022 Clio Music Awards
The annual Clio Awards were set up to celebrate creative music marketing and advertising, and they’re always a great showcase of the latest campaigns.
Posted inNews
Downtown Music and Kobalt suspend operations in Russia
Yesterday’s announcements from Sony Music, WMG and FUGA were swiftly followed by the two companies revealing their plans.
Posted inNews
Kobalt publishing revenues grew 9.6% in its last fiscal year
Money has been flowing into Kobalt Music Group’s coffers in recent times, thanks to its sale of AWAL, its neighbouring rights business, and two of its music rights funds.
Posted inNews
Kobalt ‘doubling down on publishing and AMRA’ after KKR sale
Kobalt has confirmed that it is selling its Fund II Music Rights publishing catalogue to investment firms KKR and Dundee Partners for $1.1bn.
Posted inNews
KKR-led consortium tipped again to buy Kobalt songs catalogue
The Financial Times reported that KKR will lead a consortium to buy the catalogue for around $1.1bn, with the family office of former Goldman Sachs partner Stephen Hendel also involved.