Category archives: Willard Ahdritz

Kobalt forecasts profitability next year, after firm’s gross collections in FY2019 hit $616m

“In our forecasts we see that by end of June 2021, we will be group profitable,” says founder Willard Ahdritz
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Willard Ahdritz becomes Kobalt Chairman, as Laurent Hubert succeeds him as CEO

Ex-BMG exec Hubert joined Kobalt in 2016
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Kobalt COO Avid Larizadeh Duggan exits firm after five year association

News comes as former CEO of Google Ventures, Bill Maris, steps down from Kobalt’s board to focus on startups
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Jeannette Perez promoted to Chief Experience Officer at Kobalt

“The music industry needs more leaders like Jeannette,” says Willard Ahdritz
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‘Music is significantly undervalued – people are thinking about it in the wrong way.’

Kobalt’s Willard Ahdritz talks publishing, major record companies, and the true worth of the business today
The post ‘Music is significantly undervalued – people are thinking about it in the wrong way.’ appeared first on Music Business Worl…

Kobalt gross collections jumped 30% in 2018, company expects figure to top $600m this year

Kobalt’s net revenues also increased 25.3%
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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
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Can Kobalt’s AWAL rewrite the rules of A&R?

Willard Ahdritz’s latest venture is trying to reduce the risk of music industry artist development. He might just be on to something…
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YouTube Music begins its ascent: ‘The potential prize here is huge’

YouTube Music arrives in the US, Mexico, Australia, New Zealand and South Korea
The post YouTube Music begins its ascent: ‘The potential prize here is huge’ appeared first on Music Business Worldwide.