Kobalt increased revenues by 25.3% to $402.1 million (£308m) in its fiscal year ending June 30, 2018.
The independent also reported that collections grew by 30% to $494m (£378.4m).
PledgeMusic’s president and COO Malcolm Dunbar has told Music Week that the troubled platform remains an important outlet for the physical sector.
Speaking in the latest issue of Music ...
Direct-to-consumer platform PledgeMusic has admitted delays of payments to artists are “unacceptable” following numerous complaints.
The crowdfunding company had previously admitted problems with processing payments and called in finance specialists. ...
Sony Corp has unveiled an immersive new music experience, 360 Reality Audio.
Launched at CES 2019 in Las Vegas, 360 Reality Audio is delivered by Sony’s object-based spatial audio technology.
Shinedown played the most gigs during 2018, while Tiesto could have travelled to the moon and back nearly two-and-half times with all the miles covered in his career.
According to ...
AWAL has announced a worldwide recordings deal with singer-songwriter, instrumentalist and producer, Gus Dapperton.
Kobalt’s recording company will make available a full range of services to Dapperton, including global marketing, ...
Nineteen British music acts have been awarded funding from the Department for International Trade (DIT) as part of the Music Export Growth Scheme (MEGS).
In the latest round of MEGS ...
Each week, Music Week profiles the brightest new talents in the business. Here, we talk to Anthony Giannaccini, senior PR executive at DawBell, about his time in the industry...
How ...
Having disruped the music publishing landscape in recent years, Kobalt has now set its sights on the recording business with a massive investment of $150 million (£108m) in its AWAL ...
The Greatest Showman's high-wire balancing act continues, with the Motion Picture Cast Recording spending its sixth straight week at No.1 with sales increasing again to a new peak of ...