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Kobalt Music history
Kobalt Music company history timeline
In 2005 the company debuted its Kobalt Label Services Portal, an online portal for artists to track and manage their own portfolios.
Kobalt Music Group won Independent Music Publisher of the Year at the 2009 Music Week Awards, winning the following year as well.
In December 2011, Kobalt bought Artists Without a Label (AWAL), a digital distribution and label services company.
Kobalt added a neighboring rights division in 2011.
After the AWAL acquisition, Kobalt formed the label services division Kobalt Label Services in 2012.
Kobalt announced that it was preparing to expand into the Latin American market in April 2014, and that June the company raised US$140 million in funding to "accelerate rapid growth" and that year Kobalt also raised US$66 million from investors such as MSD Capital.
In 2014 Kobalt purchased the American Mechanical Rights Agency (AMRA), a collection agency.
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.
In December 2017, Kobalt acquired Songs Music Publishing for an estimated $150 million.
On 1 February 2021, Kobalt sold AWAL and Kobalt Neighbouring Rights to Sony Music for $430 million, pending regulatory approval.
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Zippia gives an in-depth look into the details of Kobalt Music, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Kobalt Music. The employee data is based on information from people who have self-reported their past or current employments at Kobalt Music. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Kobalt Music. The data presented on this page does not represent the view of Kobalt Music and its employees or that of Zippia.
Kobalt Music may also be known as or be related to Kobalt Music and Kobalt Music Group, Ltd.