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Labrish
Nyuuz
Kobalt Music Group struck a deal with Geo Music Group
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[QUOTE="Queen, post: 86592, member: 27"] Global songwriter money just got rerouted through a new pipeline, and Kobalt just widened its grip on who gets paid and how fast. Kobalt backs Geo Music with a global admin [LIST] [*]Kobalt Music Group just teamed up with Geo Music Group. [*]Kenny McGoff confirmed the linkup expands Kobalt’s footprint. [*]Deal hands Geo’s writers access to Kobalt’s payout machinery. [*]Infrastructure covers royalty tracking, accounting, and international collections. [/LIST] Daniel Seal’s track record and pitch [LIST] [*]Daniel Seal launched Geo Music Group after leaving Sony Music Publishing. [*]Earlier, Seal locked in Tems and Skillibeng. [*]At Black Butter and Global, his signings hit multi-platinum status. [*]Geo pushes artist-first deals and hunts talent via data tools. [/LIST] What Geo Music actually does [LIST] [*]Geo Music Group scans analytics to flag long-haul creators. [*]Once artists sign, the company sticks close to daily publishing calls. [*]Sync plays and brand tie-ins form part of the revenue mix. [*]Seal says maximizing songwriting income drives the whole setup. [/LIST] Kobalt’s scale and songwriter roster [LIST] [*]Kobalt Music Group operates as an independent publisher. [*]The company manages over 1 million songs across 10 offices. [*]Its clients include Roddy Ricch and Paul McCartney. [*]Kobalt claims roughly 35% of the US and UK Top 100. [/LIST] Recent Kobalt deal streak [LIST] [*]January saw Kobalt align with Madverse Music Group. [*]October brought a pact with umn in Berlin. [*]July included a stake purchase in Derrick Southerland’s catalog. [*]AMRA runs under Kobalt, handling digital streaming payouts. [/LIST] Spotify licensing reset in the US [LIST] [*]In August, Kobalt inked a multi-year pact with Spotify. [*]The agreement covers the US and sidesteps audiobook bundling. [*]That Spotify model had trimmed mechanical rates for publishers. [*]Direct deal shields Kobalt writers from that lower payout setup. [/LIST] [/QUOTE]
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Labrish
Nyuuz
Kobalt Music Group struck a deal with Geo Music Group
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