Kobalt Music Group
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | $2.9m | Angel | |
$16.0m | Series A | ||
N/A | $10.6m | Series A | |
$40.0m | Series B | ||
N/A | $11.9m | Late VC | |
$139m | Late VC | ||
* | $60.0m | Series C | |
* | €68.3m Valuation: €775m | Series D | |
* | $14.0m | Series D | |
* | N/A | SEK1.0b | Late VC |
* | $550m | Debt | |
* | N/A | Buyout | |
* | N/A | $717m | Debt |
Total Funding | AUD759m |
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Recent News about Kobalt Music Group
EditKobalt Music is a leading, innovative music company that leverages technology to empower artists, songwriters, publishers, and labels. The company operates in the global music industry, providing a modern alternative to traditional music services. Kobalt's primary clients include individual artists, songwriters, musicians, music labels, and publishers.
Kobalt's business model revolves around offering a comprehensive suite of services that cater to the needs of music creators. These services include music publishing, rights management, and royalty collection. What sets Kobalt apart is its commitment to transparency and control. The company provides clients with real-time access to their income and activity data, ensuring they have full visibility over their earnings and rights. This transparency is facilitated by Kobalt's advanced technology platform, which optimizes the royalty collection process to ensure clients receive more money, faster.
Kobalt makes money by taking a percentage of the royalties collected on behalf of its clients. This performance-based revenue model aligns Kobalt's interests with those of its clients, as the company only earns when its clients do. Additionally, Kobalt offers flexible contracts that allow creators to retain 100% ownership of their work, giving them more control over their future.
In summary, Kobalt Music is revolutionizing the music industry by providing technology-driven services that enhance transparency, control, and financial returns for music creators. The company serves a diverse range of clients, including artists, songwriters, musicians, labels, and publishers, and operates on a performance-based revenue model.
Keywords: music, technology, transparency, royalties, artists, songwriters, publishers, labels, ownership, control.