Kobalt Music Group
Kobalt Music Group, Ltd. is an independent rights management and music publishing company. Founded in 2000 by CEO Willard Ahdritz, Kobalt acts primarily as an administrative publishing company, not owning any copyrights. Also offering label services and neighboring rights, 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.
Company type | Private |
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Industry | Music industry |
Founded | 2000 | , in New York City, New York, U.S.
Founder | Willard Ahdritz |
Headquarters | New York City , United States |
Area served | Worldwide |
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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 Examples of artists served by Kobalt include Paul McCartney, Foo Fighters, John Denver, The Weeknd and Marshmello.
Kobalt owned 17.3% of the top 100 radio songs in the US in of 2015, ranking it third after Universal. With headquarters in New York, Kobalt also has offices in London, Berlin, Hong Kong, Los Angeles, Miami, Nashville, Stockholm and Sydney. Kobalt paid $29.8 million for the acquisition of Fintage House's Music Companies.