Kobalt Music Group
Music publishing company / From Wikipedia, the free encyclopedia
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Kobalt Music Group, Ltd. is an independent rights management and music publishing company. Founded in 2000 by CEO Willard Ahdritz,[2] Kobalt acts primarily as an administrative publishing company, not owning any copyrights. Also offering label services and neighboring rights,[2] 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.[3]
Company type | Private |
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Industry | Music industry |
Founded | 2000; 24 years ago (2000), in New York City, New York, U.S. |
Founder | Willard Ahdritz |
Headquarters | , United States |
Area served | Worldwide |
Key people | [1] |
Services |
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Subsidiaries |
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Website | kobaltmusic |
In 2015 it was reported 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[4] Examples of artists served by Kobalt include Paul McCartney, Foo Fighters, John Denver, The Weeknd and Marshmello.[5]
Kobalt owned 17.3% of the top 100 radio songs in the US in of 2015, ranking it third after Universal.[6] [7] Kobalt paid $29.8 million for the acquisition of Fintage House's Music Companies.[8]