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Kobalt Reportedly In ‘Advanced Talks’ For Up to $1 Billion Sale Following AWAL Deal

August 26, 2022

Photo Credit: Kobalt Music After cashing out of AWAL (and Kobalt Neighboring Rights) in a $430 million deal with Sony Music Entertainment, Kobalt Music is reportedly in “advanced talks” to sell the remainder ... Read More...

Glassnote Records Inks Distribution Deal With The Orchard Following AWAL Tie-Up

Dylan Smith

June 21, 2022

Glassnote Records' Mumford & Sons performing live. Photo Credit: Stefan Schäfer Indie label Glassnote Records has inked a “global distribution partnership” with Sony Music Entertainment’s The Orchard. G... Read More...

Sony Music Officially Receives UK Government Approval For AWAL Buyout

Dylan Smith

March 16, 2022

A little over one month ago, the UK government gave preliminary approval to Sony Music’s AWAL purchase following an “in-depth” investigation. Now, despite the competition concerns of indie labels, regulators ... Read More...

Indie Labels Address Approval of Sony Music’s AWAL Buyout: ‘We Remain Concerned That This Acquisition Will Have a Negative Effect on Competition’

Dylan Smith

February 14, 2022

AWAL-signed rock group Spacey Jane. Photo Credit: Jdm2810 Last week, the UK’s Competition and Markets Authority (CMA) issued preliminary approval to Sony Music’s roughly $430 million buyout of AWAL. Now, indi... Read More...

Following ‘In-Depth’ Investigation, Sony Music Receives Preliminary Approval for $430 Million AWAL Buyout

Dylan Smith

February 11, 2022

Back in September of 2021, the UK’s Competition and Markets Authority (CMA) expressed “significant" concerns with Sony Music’s $430 million AWAL buyout. Now, the competition watchdog has stated that the deal ... Read More...

UK Competition Watchdog Expresses ‘Significant’ Concerns With Sony Music’s AWAL Purchase, Prepares ‘In-Depth Phase 2 Investigation’

Dylan Smith

September 7, 2021

Back in May, the UK’s Competition and Markets Authority (CMA) began investigating Sony Music Entertainment’s $430 million buyout of Kobalt-owned AWAL. Now, the government agency has outlined a number of “comp... Read More...

Sony Music’s $430 Million Acquisition of AWAL Is Officially Under Regulatory Review

Dylan Smith

May 19, 2021

In early February, Sony Music unveiled a “definitive agreement” to acquire Kobalt’s AWAL label services and distribution company (as well as Kobalt Neighboring Rights) for $430 million. Now, however, the UK’s... Read More...

Sony Music Acquires AWAL From Kobalt In $430 Million Deal

Dylan Smith

February 1, 2021

Sony Music has purchased Kobalt’s AWAL label services and distribution company in a $430 million deal. Kobalt and Sony Music unveiled their “definitive agreement,” which encompasses Kobalt Neighboring Rights... Read More...

AWAL Says ‘Hundreds’ of Artists Earning Over $100,000/Year from Streaming

Dylan Smith

August 19, 2020

photo: S K Kobalt Music subsidiary AWAL has stated that “hundreds” of its artists earn more than $100,000 per year from streaming. A surprising number are also making "millions." AWAL recently revealed the n... Read More...

Latest Industry Gigs: Merlin, YouTube Music, Republic Records, AWAL, Sony/ATV and More

Colin Cohen

January 8, 2020

Photo of Jeremy Sirota (courtesy of Merlin) Here’s a recap of recent executive shuffles — including both hirings and in-house promotions — from across the music industry. If you have a job listing to share, ... Read More...

The Latest Music Industry Gigs: MAC, AWAL, CAA, UMG, Paradigm, APA

Colin Cohen

November 14, 2019

Photo of Jennifer Kirell (Courtesy of AWAL) Here’s a recap of recent executive shuffles — including both hirings and in-house promotions — from across the music industry. If you have a job listing to sha... Read More...

The Latest Industry Gigs: Copyright Royalty Board, LiveXLive, TaP, Sentric, AWAL, More..

Marsha Silva

October 21, 2019

U.S. Copyright Office Here’s a recap of recent executive shuffles — including both hirings and in-house promotions — from across the music industry. If you have a job listing to share, we’re all ears. Send ... Read More...

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