In this edition of the Business Of Indie, Kobalt reports major growth and losses, India’s IncInk and Indie Music Label make the news, Bitbird makes some noise in EDM and the IBMA adjusts its awards. Like Hypebot’s More News section, The Business Of Indie is nestled under its own Indie…
Category archives: Kobalt
Kobalt Music Group Posts 23.6% Growth in Gross Profit for 2018
The vibrant indie music scene continues to drive Kobalt’s revenue. For its fiscal year ended June 30th, 2018, Kobalt has posted some pretty impressive numbers. The independent rights management and publishing company’s revenue jumped 25.3% to $402.1 mi…
FRI. BRIEF: Kobalt Revenue Grows 25% • Mixcloud Select Expands • Instagram Music Head Departs • More
FRIDAY 3.29.19
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Kobalt gross collections jumped 30% in 2018, company expects figure to top $600m this year
Kobalt’s net revenues also increased 25.3%
The post Kobalt gross collections jumped 30% in 2018, company expects figure to top $600m this year appeared first on Music Business Worldwide.
REWIND: The New Music Industry’s Week In Review
As we sift back through a busy week in the music business, we revisit Spotify’s scheme to pre-load phones with itself, Apple Music’s stand as the only major streaming not vying to cut songwriter royalties, Amazon and Ticketmaster’s new partnership, and more! Spotify To Come Pre-Loaded In Millions Of Samsung…
Kobalt Is Now A Next Generation Major Label In The Making [Mark Mulligan]
"Kobalt has been the poster child for the changing of the guard in the music business," writes MIDiA analyst Mark Mulligan. But it’s on a path to become much more as "next-generation label… plotting a course to becoming a next generation-major." __________________________________ By Mark Mulligan of MIDiA from his Music…
Kobalt Is Raising Another $100 Million Funding Round
Music services and music publishing company Kobalt is raising a new round of funding that could top $100 million. The new funding comes just a year after Kobalt closed a round that valued the company at $800 million. Kobalt founder and CEO Willard Ahdritz has confirmed the round, without divulging…
Kobalt Music Group is raising the biggest investment round in its history
MBW speculates that the new funding raise could be in excess of $100m
The post Kobalt Music Group is raising the biggest investment round in its history appeared first on Music Business Worldwide.
Point Blank Student Opportunities: February 2019 (Defected, BBC, Kobalt, UMG & More)
At Point Blank Music School, we strive to provide our students with the best opportunities we can. We know how difficult it can be to break into the industry when you’re starting out, so we aim to help you make as much noise as possible – and get noticed by the best in the business. Becoming a student […]
The post Point Blank Student Opportunities: February 2019 (Defected, BBC, Kobalt, UMG & More) appeared first on Point Blank’s Online Magazine.
Kobalt signs deal with estate of rock and blues legend Gregg Allman
This is the first change in administration for the catalog in more than 15 years
The post Kobalt signs deal with estate of rock and blues legend Gregg Allman appeared first on Music Business Worldwide.