Kobalt Music Group

Kobalt Music Group is a global independent music services company, offering music publishing and label services worldwide. The Company provides technology solutions for a more transparent, efficient and empowering future for rights owners. Kobalt Music Group offers its clients transparency, online copyright administration and royalty tracking, including a real-time online portal, creative services, weekly online balances, digital collections and advances to writers, publishers, performers and other rights holders.

Company Growth (employees)
Type
Private
HQ
New York, US
Founded
2000
Size (employees)
409 (est)+6%
Kobalt Music Group was founded in 2000 and is headquartered in New York, US

Key People at Kobalt Music Group

Willard Ahdritz

Willard Ahdritz

Founder & CEO
Richard Sanders

Richard Sanders

President
James Fitzherbert-Brockholes

James Fitzherbert-Brockholes

Chief Operating Officer
Christiaan Winchester

Christiaan Winchester

General Counsel
Paul Hitchman

Paul Hitchman

President, Kobalt Music Recordings

Kobalt Music Group Office Locations

Kobalt Music Group has offices in New York, London, Atlanta, Los Angeles and in 6 other locations
New York, US (HQ)
220 W 42nd St
Sydney, AU
30 Springfield Ave
Östermalm, SE
26A Östermalmsgatan
Hong Kong, HK
Austin Tower 22-26 Austin Ave
Miami, US
2100 Ponce De Leon Blvd
Berlin, DE
Oberwallstrasse 1
Show all (10)

Kobalt Music Group Data and Metrics

Summary Metrics

Founding Date

2000

Total Funding

$191 m

Latest funding size

$75 m

Time since last funding

4 months

Investors

Kobalt Music Group's latest funding round in May 2017 was reported to be $75 m. In total, Kobalt Music Group has raised $191 m. Kobalt Music Group's latest valuation is reported to be $775 m.

Kobalt Music Group Financial Metrics

Kobalt Music Group's revenue was reported to be £208.1 m in FY, 2016 which is a 23% increase from the previous period.
GBP

Revenue (FY, 2016)

208.1 m

Revenue growth (FY, 2015 - FY, 2016), %

15%

Gross profit (FY, 2016)

24.5 m

Gross profit margin (FY, 2016), %

12%

Net income (FY, 2016)

(15.6 m)

Market valuation

775 m

Cash (30-Jun-2016)

28.1 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

107 m135 m169.6 m208.1 m

Revenue growth, %

26%26%15%

Cost of goods sold

94.2 m119.6 m149.7 m183.6 m

Gross profit

12.8 m15.4 m19.9 m24.5 m

Gross profit Margin, %

12%11%12%12%

Operating expense total

17 m26.6 m36.9 m37.9 m

Pre tax profit

(11.5 m)(20.1 m)(13.7 m)

Net Income

(12.8 m)(21.6 m)(15.6 m)
GBPFY, 2014FY, 2015FY, 2016

Cash

14.2 m37 m28.1 m

Current Assets

75.7 m115.5 m131.1 m

PP&E

6.5 m5.8 m5.4 m

Goodwill

1.2 m6.7 m6.2 m

Total Assets

83.4 m128 m142.7 m

Accounts Payable

950.3 k1 m759.9 k

Current Liabilities

81.2 m107.6 m144 m

Total Liabilities

81.2 m107.6 m144 m

Retained Earnings

(12.8 m)(21.6 m)(15.6 m)

Total Equity

2.2 m20.4 m(1.3 m)

Financial Leverage

38.5 x6.3 x-111.6 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(9.1 m)(10.5 m)(13.8 m)

Cash From Financing Activities

8.8 m32.1 m15.1 m

Income Taxes Paid

(1.3 m)(1.5 m)(1.9 m)
GBPY, 2016

Revenue/Employee

794.2 k

Financial Leverage

-111.6 x

Kobalt Music Group Operating Metrics

May, 2017

Songwriters

25 k

Independent Artists

20 k

Publishers

600

Traffic Overview of Kobalt Music Group

Kobalt Music Group Online and Social Media Presence

Kobalt Music Group News and Updates

Kobalt Music Group Company Life and Culture

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