Kobalt provides technology solutions for a more transparent, efficient and empowering future for rights owners. Kobalt is the largest indpendent music publisher in the world.
Kobalt works with some of the world’s greatest artists and songwriters, representing on average over 40% of the top 100 songs and albums in both the US and UK. Kobalt clients include Elvis, Bob Dylan, Dave Grohl, Max Martin, Simon & Garfunkel,Paul McCartney and MPL Communications, Disney Music Group, the Miles Davis catalog among many others.
Kobalt’s experienced staff includes music, media and tech industry veterans and innovators. They have more than 450 employees in 10 offices around the world—each dedicated to helping creators, publishers, and labels succeed.
Kobalt has decided to add Google Ventures as it’s lead investor. For its part, Google Ventures was attracted by the fact that Kobalt is not actually new: it’s been building its business for over a decade.
“The music industry is going through dynamic changes all around the world, and Kobalt will be instrumental in shaping its future positively for all constituents, starting with artists,” said Bill Maris, Managing Partner at Google Ventures, in a statement. “The company’s solid execution over the past decade coupled with Willard’s unwavering passion and commitment made this an attractive investment for us. Kobalt’s commitment to trust, transparency and technology has positioned it as one of the most innovative brands in media today.”
For Michael Dell, this is about making a financial as well as strategic investment. “I am excited about MSD Capital’s investment into Kobalt and by the opportunity that Kobalt has ahead of it to make the music industry more transparent and efficient,” he said in a statement. “I am also pleased to have Dell Inc. continuing to support the company as its preferred technology partner, providing the hardware infrastructure and the knowledge, services and support that Kobalt needs to achieve its goals.”