Kobalt promises $150m investment for AWAL recordings business

Kobalt is making AWAL the brand for its entire recordings division, while promising to invest $150m and hire 100 more staff to build up that side of the business. Kobalt acquired digital distributor AWAL in 2012, as it prepared to launch its own label-services division. Since then, AWAL has been the entry level for Kobalt’s […]

CD Baby’s parent company buys AdRev and DashGo

The parent company of distributor CD Baby has executed a mini-rollup of B2B services. AVL Digital Group has acquired AudioMicro, which in turn owns YouTube-monetisation tool AdRev and label-services provider DashGo, as well as its own sync-licensing platform. The intention here is to offer AudioMicro’s services as part of CD Baby’s package for artists and […]

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