Kobalt Music Reports Double-Digit FY ’22 Revenue Jump

Kobalt Music removes music from Facebook

Photo Credit: Kobalt Music Kobalt Music achieved a 22 percent year-over-year (YoY) revenue increase during the 12 months ending on June 30th, 2022, generating north of $600 million, according to a new earnings analysis. New […]

Court Rejects Spotify’s Motion For Kobalt Summary Judgement

Kobalt Music removes music from Facebook

Photo Credit: Kobalt Music A federal judge has officially denied Spotify’s early motion for summary judgement against Kobalt as part of a long-running legal battle centering on allegedly unpaid royalties for billions of Eminem streams. […]

Kobalt Sells A Controlling Interest to Francisco Partners

Kobalt sells controlling interest to Francisco partners

Photo Credit: PE Insights Kobalt has sold a controlling interest in its business to media-focused investment firm Francisco Partners. Willard Ahdritz will continue as Kobalt’s Chairman, and the company will continue to be led by […]

Kobalt Jumps Into NFTs with Release of ‘Lyric NFT’ Collection

Kobalt Lyric NFT

Photo Credit: Kobalt Kobalt says it plans to release a lyric NFT collection called An Electro Revival. Kobalt says its the first global music publisher to release a set of fully licensed direct-to-fan NFTs. The […]