Kobalt Music Group

OverviewSuggest Edit

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.

TypePrivate
Founded2000
HQNew York, USMap
Websitekobaltmusic.com
Employee Ratings3.7More
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Locations

Kobalt Music Group is headquartered in
New York, United States

Location Map
All Locations (11)

Latest Updates

Employees (est.) (Sep 2019)648(+2%)
Revenue (FY, 2018)£304.9 M(+26%)

Key People/Management at Kobalt Music Group

Willard Ahdritz

Willard Ahdritz

Founder & CEO
Richard Sanders

Richard Sanders

President
James Fitzherbert-Brockholes

James Fitzherbert-Brockholes

COO
Bill Maris

Bill Maris

Board Member
Christiaan Winchester

Christiaan Winchester

General Counsel
Paul Hitchman

Paul Hitchman

President, Kobalt Music Recordings
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Kobalt Music Group Office Locations

Kobalt Music Group has offices in New York, Nashville, Miami, West Hollywood and in 7 other locations
New York, US (HQ)
2 Gansevoort St 6th Floor
Atlanta, US
83 Walton St NW #400
Miami, US
Miami, FL, USA
Nashville, US
1019 17th Ave S
West Hollywood, US
8201 Beverly Blvd
Sydney, AU
24-30 Springfield Ave Suite 203
Show all (11)

Kobalt Music Group Financials and Metrics

Summary Metrics

Founding Date

2000

Kobalt Music Group total Funding

$205 m

Kobalt Music Group latest funding size

$14 m

Time since last funding

2 years ago

Kobalt Music Group investors

Balderton Capital, Michael Dell, MSD Capital, Spark Ventures, GV, Hearst Entertainment, Section 32
Kobalt Music Group's latest funding round in October 2017 was reported to be $14 m. In total, Kobalt Music Group has raised $205 m. Kobalt Music Group's latest valuation is reported to be $789 m.
View all funding rounds

Kobalt Music Group Revenue

Kobalt Music Group's revenue was reported to be £304.93 m in FY, 2018
GBP

Revenue (FY, 2018)

304.9m

Gross profit (FY, 2018)

39.8m

Gross profit margin (FY, 2018), %

13.1%

Net income (FY, 2018)

(32.4m)

EBITDA (FY, 2018)

(27.5m)

EBIT (FY, 2018)

(31.4m)

Market valuation

789.0m

Cash (30-Jun-2018)

31.5m

EV

763.4m
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

819.6k733.0k1.0m1.6m2.1m20.4m37.7m48.7m61.1m77.7m107.0m135.0m181.0m185.2m243.4m304.9m

Revenue growth, %

26%26%15%

Cost of goods sold

18.1m33.1m43.3m54.5m68.7m94.2m119.6m158.3m163.4m211.2m265.1m

Gross profit

2.3m4.6m5.4m6.6m9.0m12.8m15.4m22.6m21.8m32.2m39.8m
show all
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

8.6k192.2k182.3k23.4k50.0k21.0k31.0k2.7m3.9m8.6m10.6m5.7m14.5m14.2m37.0m25.0m36.7m31.5m

Accounts Receivable

7.0k22.1m15.7m24.7m42.9m66.8m101.9m

Current Assets

182.5k1.6m1.7m1.4m1.5m2.3m4.2m12.6m16.6m23.0m35.7m31.7m57.9m75.7m115.5m116.7m183.3m236.0m

PP&E

4.4k11.1k88.1k115.7k153.0k276.0k609.0k801.0k964.0k1.1m1.4m2.9m2.6m3.9m5.8m1.7m2.5m8.8m
show all
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(688.9k)(779.3k)(573.0k)(383.0k)(352.0k)(2.2m)(2.4m)(1.9m)(1.9m)(3.7m)(4.9m)(12.8m)(21.6m)(13.9m)(25.1m)(32.4m)

Cash From Operating Activities

(1.1m)(2.5m)2.1m1.1m(1.3m)1.9m(1.7m)(9.1m)(10.5m)(12.3m)(1.9m)(3.7m)

Cash From Financing Activities

1.1m3.6m84.0k4.3m4.1m(4.0m)13.7m8.8m32.1m13.4m35.8m16.1m

Net Change in Cash

(88.0k)747.0k1.8m4.7m2.0m(4.9m)8.8m(2.9m)17.2m(2.0m)10.6m(5.8m)
show all
GBPY, 2018

EV/EBITDA

-27.8 x

EV/EBIT

-24.3 x

EV/CFO

-204.3 x

Revenue/Employee

669.1k

Debt/Equity

0.8 x

Financial Leverage

41.7 x
Show all financial metrics

Kobalt Music Group Operating Metrics

May, 2017

Independent Artists

20 k

Publishers

600

Songwriters

25 k
Show all operating metrics

Kobalt Music Group Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
AWALJanuary 01, 2012

Kobalt Music Group Online and Social Media Presence

Kobalt Music Group's Trends

Embed Graph

 Kobalt Music Group Frequently Asked Questions

  • When was Kobalt Music Group founded?

    Kobalt Music Group was founded in 2000.

  • Who are Kobalt Music Group key executives?

    Kobalt Music Group's key executives are Willard Ahdritz, Richard Sanders and James Fitzherbert-Brockholes.

  • How many employees does Kobalt Music Group have?

    Kobalt Music Group has 648 employees.

  • What is Kobalt Music Group revenue?

    Latest Kobalt Music Group annual revenue is £304.9 m.

  • What is Kobalt Music Group revenue per employee?

    Latest Kobalt Music Group revenue per employee is £470.6 k.

  • Who are Kobalt Music Group competitors?

    Competitors of Kobalt Music Group include Music World Media, Sentric Music and HAAWK.

  • Where is Kobalt Music Group headquarters?

    Kobalt Music Group headquarters is located at 2 Gansevoort St 6th Floor, New York.

  • Where are Kobalt Music Group offices?

    Kobalt Music Group has offices in New York, Nashville, Miami, West Hollywood and in 7 other locations.

  • How many offices does Kobalt Music Group have?

    Kobalt Music Group has 11 offices.