KOBALT
Kobalt Music Names Jeannette Perez as President and COO
Based in Los Angeles, Perez joined the company from Sony Music in February 2014, where she served as VP, music for brands & advertising/licensing and, before that, as senior director, soundtracks, film & TV music at RCA. “Over the past couple of years,” comments Hubert, “Jeannette has played a key part in Kobalt’s success. From creating one of the best synch teams in the business to advancing key DEI initiatives at Kobalt, she is an integral part of the company. I am excited to work in close partnership with her and to achieve new milestones for our clients.” Perez has racked up awards during her time with Kobalt, including recognition in Billboard’s Women in Music (2020, 2019), Billboard Branding Power Player (2019, 2018), Billboard International Power Play...
Not for Sale: After Unloading AWAL, Kobalt Says Its Off the Block
Kobalt issued a statement Monday following news of the sale, saying it will strengthen its commitment to its publishing business and AMRA. “We are both excited for the big opportunities ahead across music publishing, AMRA and Kobalt Capital,” Kobalt founder and chairman Willard Ahdritz said in a statement. “Our team and capabilities will only grow stronger and play a continued role in making the industry better for creators.” Going forward the company says it will stick to its core mission. “Kobalt’s mission from the start has been to create transparency and fairness for creators,” Kobalt CEO Laurent Hubert said in a statement. “I could not be more excited to focus 100% of our efforts on our incredibly successful music publishing business. Through our world-class creative and synch t...
Hipgnosis Songs Buys Kobalt Music Catalog: 33,000 Songs for $323 Million
The catalog contains such songs as “Go Your Own Way” and “The Chain” by Fleetwood Mac, “All I Want For Christmas Is You” and “One Sweet Day” featuring Boyz II Men by Mariah Carey, “Bailando” and “Hero” by Enrique Iglesias, “Higher Love” by Steve Winwood, “Roar” and “Teenage Dream” by Katy Perry, “Gimme Some Lovin’” by The Spencer Davis Group, “Can’t Find My Way Home” by Blind Faith, “Never Give Up on a Good Thing” by George Benson, “Bad to the Bone” by George Thorogood, “Halo” by Beyoncé, “Love Shack” by the B-52s, “In Da Club” by 50 Cent, “Sorry” by Justin Bieber, “Don’t You Worry C...
Publishing Briefs: Rodney Jerkins Puts Hipgnosis Under His Spell, Primary Wave Acquires Stake in Devo
Hipgnosis Songs Fund Limited has acquired the 982-song music catalog of four-time Grammy winner Rodney “Darkchild” Jerkins, who under the terms of the deal will also join Hipgnosis’ Investment Adviser’s Advisory Board. The agreement includes 100% of Jerkins’ writer’s share of income for his early works and 100% of his publishing interest and writer’s share of income for his later works. Jerkins’ long list of hits includes tracks for Mary J. Blige (“I Can’t Love You”), Brandy (“The Boy Is Mine”), Whiney Houston (“It’s Not Right But It’s Okay”), Destiny’s Child (“Say My Name”), Beyoncé (“Déjà Vu”), Spice Girls (“Holler”/”Let Love Lead the Way”), Michael Jackson (“You Rock My World”), Sam Smith (“Stay With Me”), Lady Gaga (“Telephone” feat. Beyoncé), Jennifer Lopez (“If You Had My Love”), Jus...
