Kobalt Stock
Music Services Company
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About Kobalt Stock
Kobalt claims to provide technology solutions that aims to be a more transparent, efficient, and empowering future for music rights owners. Kobalt's Music Publishing, Label Services, and Neighbouring Rights divisions each aim to offer an alternative to the traditional music business model, intending to offer creators more transparency, flexibility, ownership, and control. Kobalt represents over 8,000 artists and songwriters, 600,000 songs, and 450 publishing companies, providing them with real-time reporting through the Kobalt Portal.Â
Kobalt was founded in 2000 in New York. Notable investors include MSD Capital, Cape Capital, and GV.
Investors
Section 32
Celularity, Freenome, Dialpad, Lime, Metromile, Primer, Vineti, Kobalt, BigHat Biosciences
GV
Uber, Robinhood, Jet, Impossible Foods, Lacework, Slack, Snyk, SambaNova Systems, DocuSign, Gusto
Balderton Capital
Recorded Future, Vestiaire Collective, JOKR, Motif, Banjo, Talend, Wonga, Qubit, Kobalt, Wagestream
MSD Capital
Cloudera, SparkCognition, Big Switch Networks, NGINX, Kobalt
Hearst Entertainment
Funding History
| July 2012 | $7.8M |
|---|---|
| April 2013 | $1.6M |
| February 2015 | $40.0M |
| May 2017 | $17.8M |
Management
Chief Executive Officer
Laurent Hubert
Chief Financial Officer
Catrin Drabble
Press
trib - Mar, 8 2022
Kobalt Music Lines Up $550 Million in Debt to Buy Song Rightsvariety - Mar, 7 2022
Kobalt Reports First Year of Profitability, With 15% Growth in Collectionsvariety - Dec, 17 2021
Music Industry Moves: Roddy Ricch Re-Ups With Kobaltbuff - Oct, 11 2021
Kobalt is Selling a Music Catalog for $1 Billion and KKR is in Prime Position to Buy Itvariety - Oct, 7 2021
Kobalt Names Jeannette Perez President and COOEquityZen Recognized As:
