Kobalt Music Group

Kobalt Music Group (Kobalt) is the leading global independent music services company, offering music publishing, label services and neighbouring rights services worldwide. Kobalt provides its clients with unparalleled transparency, online copyright administration and royalty tracking, including a real-time online portal, creative and synch/licensing services, weekly online balances, digital collections and advances to writers, publishers, performers and other rights holders. With 210 employees in offices in London, New York, Los Angeles, Nashville, Atlanta, Berlin, Sydney and Stockholm as well as agents in over 20 major territories, Kobalt administers more than 600,000 songs on behalf of content holders, including the world’s top songwriters, artists and other music publishers.

Kobalt counts among its clients Paul McCartney and MPL Communications, Disney Music Group, Max Martin, Dr. Luke, Dave Grohl, Lady Antebellum, Stevie Nicks, No Doubt, Ryan Tedder, Maroon 5, Kelly Clarkson, Skrillex, the Miles Davis catalog and Herbie Hancock among many others. In 2013, Kobalt Music Group was honored as the first ASCAP Publishing Administrator of the Year. The company also received its sixth consecutive award for Independent Publisher of the Year at the Music Week Awards (UK).
Company growth
Type
Private
HQ
London, GB
Founded
2000
Size (employees)
355 (est)+3%
Kobalt Music Group was founded in 2000 and is headquartered in London, GB

Key People at Kobalt Music Group

Willard Ahdritz

Willard Ahdritz

Founder & CEO
James Fitzherbert-Brockholes

James Fitzherbert-Brockholes

CFO
Richard Sanders

Richard Sanders

President
Christiaan Winchester

Christiaan Winchester

General Counsel
Paul Hitchman

Paul Hitchman

MD, Kobalt Label Services
Sas Metcalfe

Sas Metcalfe

President, Global Creative
Richard Thompson

Richard Thompson

Chief Technical Officer

Kobalt Music Group Office Locations

Kobalt Music Group has offices in London, Atlanta, Los Angeles, Nashville and in 5 other locations
London, GB
Atlanta, US
Los Angeles, US
Nashville, US
Berlin, DE
Stockholm, SE
Sydney, AU
Miami, US
New York, US

Kobalt Music Group Metrics

Kobalt Music Group Summary

Founding Date

2000

Market valuation*

£459 M

Total Funding

$116 M

Latest funding size

$60 M

Time since last funding

about 2 years

Investors

* Source: Company Filings
We estimate that Kobalt Music Group's latest funding round in February 2015 was $60 M. In total, Kobalt Music Group has raised $116 M. We estimate that Kobalt Music Group's latest valuation is £459 M.

Kobalt Music Group Financials

We estimate that Kobalt Music Group's revenue is £170 M in FY, 2015 which is a 25.63% increase from the previous period.
FY, 2015FY, 2014FY, 2013

Revenue

£170 M£135 M£107 M

Revenue growth, %

25.6%26.1%

Cost of sales

£150 M£120 M£94.2 M

Gross profit

£19.9 M£15.4 M£12.8 M

Gross profit Margin, %

11.7%11.4%12.0%

Operating expense total

£36.9 M£26.6 M£17 M

Kobalt Music Group Online Presence

Kobalt Music Group News

Kobalt Music Group Company Life

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