Kobalt Music Group
Divisions

Kobalt Music Group

Section Title: Divisions
Table Section Text: None

Division	Formed	Description

Kobalt Music Publishing	2001	Kobalt Music Publishing (KMP) is an independent, private music publisher that also provides creative services to artists. Explains The Telegraph, "the company aims to offer its clients a 'transparent' fee model, using sophisticated algorithms to monitor and collect music royalties from all areas of digital output, and breaking down these earnings for artists." As of February 2015, Kobalt owned 17.3% of the total market share among worldwide music publishers, ranking it second in the world after Universal.

Kobalt Neighboring Rights	2011	Formed in 2011, Kobalt Neighboring Rights (KNR) claims neighbouring rights royalties owed from collection societies on behalf of all KNR clients, navigating the royalties laws of separate countries.

Kobalt Label Services	2012	Introduced in January 2012, Kobalt Label Services (KLS) was founded when Kobalt acquired digital distributor AWAL. Kobalt Label Services provides record label services to artists, receiving a share of revenues, while artists retain ownership of their master rights.

Sentence(s)

Kobalt owned 17.3% in 2015.

final_sentence: Kobalt owned 17.3% in 2015.