[2] Together with Klas Lunding Ahdritz had previously launched Telegram Publishing in Stockholm in 1988. Kobalt is a music and technology company built for artists, songwriters, publishers and labels as an alternative to the traditional music business model. The raise is taking place at KMG – which owns Kobalt Music Publishing, Kobalt Neighbouring Rights, recorded music operation AWAL and collection society AMRA.It is separate to Kobalt Capital, which is an acquisitive fund managed by KMG. He promised them transparency and data on the use of their music. [2] Kobalt as a result gained access to AWAL's network of digital retail partners, which among other companies included iTunes, Amazon, Spotify, eMusic, Rhapsody, 7Digital, Beatport, Deezer, and Nokia. Kobalt is the leading independent music services company. These companies are located in Albany NY, Nashville TN, New York NY, Norcross GA, Sacramento CA, Tallahassee FL, and Wilmington DE. Benefit from flexible contracts that give you 100% ownership over your work and more control over your future. Kobalt's initial business model focused on collecting and distributing royalties for artists, with the stated goal of ensuring artists were paid appropriately and promptly. Willard Ahdritz founded Kobalt in 2000 with a mission: Making the music industry more fair and rewarding for creators. In 2005 the company debuted its Kobalt Label Services Portal, an online portal for artists to track and manage t… "[2] Google Ventures (with MSD Capital once again investing) raised US$60 million for the company[9] in a Series C round of financing,[19] which Kobalt announced would largely be used to develop their technology and open new offices in Miami, Brazil, and South East Asia. Get permission to use a song owned by Kobalt. The history of music publishing and its importance in today’s modern industry can be traced back to the late 1800s. [21], With headquarters in London, Kobalt currently has offices in cities such as New York, Los Angeles, Nashville, Atlanta, Berlin, Stockholm, Miami, Hong Kong, and Sydney. Kobalt's Music Publishing, Label Services and Neighbouring Rights divisions each offer a modern alternative to the traditional music business model, empowering creators with transparency, flexibility, ownership and control. [2], Kobalt Music Group won Independent Music Publisher of the Year at the 2009 Music Week Awards,[13] winning the following year as well. Kobalt is one of the world’s largest, most innovative music companies, using technology to power creative freedom, transparency, ownership and control for artists, songwriters, publishers, and labels. Willard Ahdritz, a Swede living in London, left … [28], Kobalt currently has licensing deals with around 8,000 artists and 600 publishing companies, representing a catalogue that totals around 600,000 songs. All Publishers. [24][25] In 2005 the company debuted its Kobalt Portal,[12] an online portal for artists to track and manage their own portfolios. Founded in 2000 by Willard Ahdritz, Kobalt is creating the music company of the future. Description. 2009: Music Week Awards – Independent Music Publisher of the Year, 2010: Music Week Awards – Independent Music Publisher of the Year, 2011: Music Week Awards – Independent Music Publisher of the Year, 2012: Music Week Awards – Independent Music Publisher of the Year, 2013: Music Week Awards – Independent Music Publisher of the Year, 2014: Music Week Awards – Independent Music Publisher of the Year, 2015: Music Week Awards – Independent Music Publisher of the Year, 2016: Music Week Awards – Independent Music Publisher of the Year, 2017: Music Week Awards – Publisher of the Year, This page was last edited on 21 February 2021, at 22:43. "[6] Prince signed a deal in May 2013 to market and distribute his work with Kobalt, with his rights over his masters left intact. [2], In December 2017, Kobalt acquired Songs Music Publishing for an estimated $150 million. "[20], Wired reported in May 2015 that Kobalt was "the top independent music publisher in the UK and the second overall (to Sony/ATV) in the US," with around 8,000 artists and 600,000 songs in their catalogue. [15] The acquisition also allowed Kobalt to begin supplying advanced data analytics to clients. See Willard Bengt Anders Ahdritz's compensation, career history, education, & memberships. Kobalt, founded in 2001, is a music technology company that aims to take advantage of the digital transformation in music distribution. Kobalt Music Publishing America, Inc. has 225 total employees across all of its locations and generates $25.97 million in sales (USD). [16] Kobalt announced that it was preparing to expand into the Latin American market in April 2014,[17] and that June the company raised US$140 million in funding to "accelerate rapid growth"[18] and that year Kobalt also raised US$66 million from investors such as MSD Capital. Kobalt Music Group Ltd. Kobalt Music Group Limited operates as a music services company. KOBALT MUSIC PUBLISHING AMERICA, INC. KOBALT MUSIC PUBLISHING AMERICA, INC. KOBALT MUSIC PUBLISHING AMERICA, INC. [20] At that point, Kobalt had also invested $100 million of the initial $153 million it had raised to "help finance a second strand of its business – label services where Kobalt either buys part or all of an artists' rights to help collect royalties on their behalf. [22][23], Kobalt has developed a number of technologies to increase its own efficiency at tracking and collecting royalties. [10] Kobalt paid $29.8 million for the acquisition of Fintage House's Music Companies. History Lowe's and manufacturing partner J.H. Edit Label ; Data Quality Rating: Correct. "[27][28] KORE manages rights, and tracks, collects and pay royalties across disparate markets, with the collected data accessible through the Kobalt Portal. Together with Klas Lunding Ahdritz had previously launched Telegram Publishing in Stockholm in 1988. Operator of an independent music services company intended to offer an alternative to the traditional music business model. Kobalt Music Publishing (KMP) is an independent, private music publisher that also provides creative services to artists. Earlier this month, Billboard revealed that the tech-driven company, which allows songwriters to keep hold of their copyrights, was the third biggest publisher in Q3 based on Top 100 US radio hits. 11 Kobalt Music Group jobs including salaries, ratings, and reviews, posted by Kobalt Music Group employees. Profile: Publisher, also credited as - Kobalt Music Pub America Inc. [l383557] Label . The catalog included 1,200 songwriters such as Hugh Masekela and Paul McCartney, with classic songs such as "Baby It's Cold Outside" and "Luck Be A Lady. midem. [9] With headquarters in New York, Kobalt also has offices in cities such as London, Los Angeles, Nashville, Atlanta, Berlin, Stockholm, Miami, Hong Kong, and Sydney. Kobalt Music Group was founded in 2000 in New York City, with founder Willard Ahdritz, a native of Sweden, taking on the role of CEO. [2] Kobalt's initial business model focused on collecting and distributing royalties for artists, with the stated goal of ensuring artists were paid appropriately and promptly. [4], The following publishers are currently signed to Kobalt Music Group:[4]. Sony Music Buys AWAL, Kobalt Neighbouring Rights in $430M Deal. Claiming a 13.98% market share, Kobalt was less than four points behind Warner/Chappell (No.2) and actually 0.67% ahead of Universal Music Publishing Group (No.4). Willard Bengt Anders Ahdritz is CEO/Founder at Kobalt Music Group Limited. [1][4], Kobalt owned 17.3% of the top 100 radio songs in the US in of 2015, ranking it third after Universal. Kobalt Music Group is a global music publishing company backed by Google Ventures with the goal to make the music industry more fair and rewarding for its creators. It’s tough to imagine a worse year to launch a music company than 2000. [2], Wired reported in 2015 that Kobalt was "the top independent music publisher in the UK and the second overall (to Sony/ATV) in the US," with around 600,000 songs and 8,000 artists in its catalogue,[2] including Massive Attack,[3] Trent Reznor,[4] Gwen Stefani,[1] Phoenix,[4] Prince,[5] Sonic Youth, Ellie Goulding,[4] Paul McCartney,[6] Bob Marley,[7] John Denver,[8] Tiesto,[4] Bob Dylan,[4] and Kelly Clarkson. [26] As of 2015, Kobalt had started describing their backend technology as "KORE. [9], In February 2015, Google Ventures in London made Kobalt its inaugural investment, with Google Ventures' president explaining that Kobalt was "changing the way artists are treated in the music business, particularly when it comes to providing trust and transparency and compensating creators for their work. Vinyl and CD 1 – 100 of 126 . Kobalt was founded in 2001 by Swedish businessman Willard Ahdritz (“Ahdritz”). Search job openings at Kobalt Music Group. © Copyright 2020 Kobalt Music Group, Ltd. We’re building the music services company of tomorrow, to empower creators in today's, Everything creators need to succeed in today’s complex world, We work with some of the greatest talent around, Whether you’re an artist, songwriter, musician, label or music publisher, Kobalt's full range of services offers a modern alternative to the. COVID-19 Relief Resources for Songwriters, Musicians, and Small Music Businesses. Kobalt Music Publishing. [10], On 1 February 2021, Kobalt sold AWAL and Kobalt Neighbouring Rights to Sony Music for $430 million, pending regulatory approval. Today, Kobalt does exactly that. Independent music publisher, founded in 2000, offering unparalleled transparency, online global copyright administration, creative and synch/licensing services, digital collections and pipeline advances to writers, publishers and other publishing rights holders. Cherio Corporation. BMI, a leader in music rights management, advocates for the value of music, representing over 17 million works of more than 1.1 million copyright owners. Kobalt Music Group is an independent rights management and publishing company. [15] In July 2012, Kobalt Music Group signed a deal with MPL Communications to exclusively provide administrative services to MPL in "the world outside North America, the U.K. and Ireland." Provider of publishing, recording, neighboring rights services and a proprietary rights and content management platform designed to make the music industry more fair and rewarding for creators. Our music services combined with our innovative technology offer a viable alternative to the traditional industry … Kobalt’s commitment to technology, transparency, and creators’ rights has driven tremendous growth year-over-year for the company and its clients. Kobalt is a global music and technology company built for artists, songwriters, publishers and labels as an alternative to the traditional music business model. The Company initially focused on collecting and distributing royalties for its artists and composers, ensuring that they were paid efficiently and reasonably. [4] In December 2011, Kobalt bought Artists Without a Label (AWAL), a digital distribution and label services company. KOBALT MUSIC PUBLISHING MALAYSIA LTD - Free company information from Companies House including registered office address, filing history, accounts, annual … YouTube. [11], Kobalt Music Group was founded in 2000 in New York City, with founder Willard Ahdritz, a native of Sweden, taking on the role of CEO. New York, NY 10014. He wanted to give artists, songwriters, musicians, labels and publishers the freedom and transparency they needed to build their careers. kobaltmusic.com | Media/Entertainment | Founded: 2000 | Funding to Date: $437,960,000. [5] It has developed products and services to address both sides of the music copyright assets: its publishing division collects and distributes royalties to songwriters for uses of their musical compositions, and its record label division helps artists and … Cherio Corporation - Music Publisher Contact Information - Easy Song Licensing. MBW has today verified that Kobalt Music Group (KMG) is in the process of raising the largest funding round in its history.. See more of everything. Kobalt Music Stock. [20] This brought the total of equity raised by Kobalt to $126 million. Kobalt Music Publishing. Also offering label services and neighboring rights,[1] the company has developed an online portal to provide royalty income and activity to artists and allow them to manage their rights and royalties directly. Kobalt Music Group is an independent rights management and publishing company. Our unmatched technology platform optimizes every step of the collection process to increase your royalty payments. Finally, it also includes the publishing catalog of Canadian music company Nettwerk, which with 18,000 songs, makes up more than half of the acquired Kobalt … [5], In 2014 Kobalt purchased the American Mechanical Rights Agency (AMRA), a collection agency. Marketplace 1,677 For Sale. The company has an app to help songwriters track their royalties. In 2003, the Danaher Corporation began producing the majority of Kobalt hand tools. Kobalt was founded in 2000 by Willard Ahdritz on the premise that technology could put more ownership and power in the hands of artists. [14] Kobalt added a neighboring rights division in 2011. Founded in 2000 by CEO Willard Ahdritz,[1] Kobalt acts primarily as an administrative publishing company, not owning any copyrights. Image via Kobalt Music. Williams launched Kobalt in 1998, with the intention of competing against rival retailers Sears and The Home Depot and their respective Craftsman and Husky tool brands. We show you all of your income and activity data across all your rights in real time. There are 6 companies that go by the name of Kobalt Music Publishing America, Inc.. Kobalt Music Publishing America Inc. ProKlaim serves as an "advanced detection platform" by integrating with YouTube's own music detection technology. Meet the Founder and CEO of Kobalt Music Publishing Willard Ahdritz and hear his views on key trends in the music publishing industry, and how Kobalt Music Publishing participates in it. Kobalt Music Publishing America, Inc. is located in New York, NY, United States and is part of the Music Production & Distribution Industry. [2] At the time, Kobalt continued to collect royalty money directly from services such as Spotify, iTunes, YouTube, and various collection agencies. BACKGROUND. 134 submissions pending; Share. 2 Gansevoort Street, 6th Floor. [2], After the AWAL acquisition, Kobalt formed the label services division Kobalt Label Services in 2012. [2] In 2014, Kobalt introduced ProKlaim, a YouTube integration that by 2014 had significantly increased artist revenue on the platform. KobaltÍs Music Publishing, Label Services, and Neighboring Rights divisions each offer an alternative to the traditional music business model, empowering artists, songwriters, publishers and labels with advanced technology, transparency, flexibility, ownership and control. [2] In 2005 the company debuted its Kobalt Label Services Portal,[12] an online portal for artists to track and manage their own portfolios. The following artists have a significant portion of their catalog, if not all, currently overseen by Kobalt Music Group: The following is an incomplete list of awards won by Kobalt Music Group: The presidents of the United States of America, "Kobalt Expands into Label Services With Major Acquisition", "Kobalt Strikes Australasian Sub-Pub Deal With Disney", "Michael Dell Takes Kobalt Stake, New Joint Venture Signs Ex-Village Person", "Kobalt changed the rules of the music industry using data – and saved it", "Kobalt secures $60m of Google-linked funding", "Going to the Ends of the Earth to Get the Most Out of Music", "Kobalt Music Group: Redefining Music Publishing", "Prince signs new deal with record label Kobalt Music Group without giving up control over his rights", "Exclusive: Publishing Briefs: Kobalt Music Group Inks Deal With Paul McCartney, MPL CommunicationsRelease", "Publishing Briefs: Kobalt Picks Up Blue Mountain Music, Downtown Signs Sturgill Simpson, More", "Publishing Briefs: Spirit Picks Up StyleSonic Catalog, ole Takes Jingle Punks and John Denver to Kobalt", "Kobalt paid $29.8m for Fintage House's music companies – Music Business Worldwide", "Kobalt Unveils Label Services Portal, A Powerful New Set of Tools for Artists", "Kobalt Music Group Wins Independent Music Publisher of the Year", "Kobalt wins Independent Music Publisher of The Year Award", "Kobalt Music Group Expands into Artist and Label Services, Digital Distribution and Neighbouring Rights, Marking an Industry Evolution into a New Class of Service-Oriented Music Company", "Kobalt Music Group Ready to Expand into Latin America", "Kobalt Raises $140 Million in Latest Round of Funding", "Kobalt Tunes Into $60M Led By Google Ventures For Its Music Rights Collection Platform", "Songs Music Publishing Sold to Kobalt for $150 Million", "Sony Music Acquires Kobalt's Label and Neighboring Rights for $430 Million", "Sony Music Buys AWAL, Kobalt Neighbouring Rights in $430M Deal", "Kobalt's AMRA Inks Its First Licensing Deal: A Global Agreement With Apple Music", "Kobalt: We'll grow YouTube revenues by 50% for AMRA clients", "Kobalt: ProKlaim has rocketed YouTube revenue for artists", "Kobalt Quietly Acquired AMRA To Launch Its Own Global Collection Group For Digital Music", "Kobalt Music signs global deal with Eric Church's publishing company Little Louder – Music Business Worldwide", "Kobalt Investment Fund Acquires Bulk of Nettwerk's 30-Year Publishing Catalog", "Songs, Music Publisher of Lorde and Diplo, Bought by Kobalt", "Kobalt signs deal with estate of rock and blues legend Gregg Allman", "Kobalt Music Acquires B-52's Publishing Rights", "Band of Skulls manager and label on unique financial backing", "Futher [sic] Dealings: Michael Dell Takes Kobalt Stake, New Joint Venture Signs Ex-Village Person", "Black Submarine Announce Debut Album 'New Shores, "Blonde Redhead to fine-tune new album at 2014 UMS appearance", "Busta Rhymes Goes Independent With Publishing Deal", "Julian Casablancas's Cult Records does label services deal with Kobalt", "Kobalt announces new neighbouring rights signees", "Kobalt Strikes Admin Pact With Gottwald", "Eminem Strikes Worldwide Publishing Deal With Kobalt", "The Family Rain Announce 'Hunger Sauce' EP", "The Int'l Power Players Speak: Seymour Stein, Martin Mills, Alison Wenham, Frances Moore, Willard Ahdritz on Paul McGuinness, Midem & More (Q&A)", "Childish Gambino Inks Global Publishing Deal With Kobalt Music", "Kobalt Neighbouring Rights signs Kravitz, Chili Peppers, Akon and more", "Kobalt Seals Exclusive Worldwide Administration Deal With Dave Grohl", "David Guetta Signs Worldwide Publishing Deal With Kobalt Music", "Kobalt Label Services partners with Cult Records", "Enrique Iglesias Signs Publishing To Kobalt", "Spiritual Courtney Love is back on tour with her wild daze behind her", "How 'Shake It Off' Ruled the Publishing Industry's Fourth Quarter in 2014", "Exclusive: Kobalt Launches Label Services Division, Preps New Nick Cave & The Bad Seeds Release", "Kobalt Music Signs mxmtoon to Global Publishing Deal", "Kobalt announces Elvis Presley publishing deal", "Prince Royce Signs Publishing Deal With Kobalt Music", "Kobalt signs Rudimental to worldwide publishing agreement – Music Business Worldwide", "Adele's Collaborator Dan Wilson Goes Solo With an Album", "New Signings: Boy George Signs with Kobalt, Rick Ross to ICM Partners, BMG Chrysalis US Land the Orwells", "Two months after Warner sale, Chrysalis signs with Kobalt Label Services – Music Business Worldwide", "David Gray Inks Deal to Release 'Mutineers' Album, Debuts New Song", "Billy Idol to Release First New Album in Nearly A Decade", "Kobalt signs The Kooks to recordings deal", "Music Week Awards 2016 – all the winners", https://en.wikipedia.org/w/index.php?title=Kobalt_Music_Group&oldid=1008168008, Music publishing companies of the United Kingdom, Articles lacking reliable references from May 2015, Creative Commons Attribution-ShareAlike License. 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