Facebook signs music deals for Irving Azoff’s GMR, Kobalt and indie publishers

Facebook’s latest music-licensing deal, following its agreements with Universal Music Group and Sony/ATV, is something a corker: it’s with Irving Azoff’s Global Music Rights. That would be the Irving Azoff who’s regularly castigated YouTube in recent times over its licensing and royalty payments? The very same. “Today, we are excited to announce that Global Music […]

Kobalt Series D funding swells to $89m as Section 32 chips in

In May, music company Kobalt announced a $75m Series D funding round, led by media firm Hearst Entertainment. Now that round has increased to $89m. The $14m ‘second installment’ was led by former Google Ventures partner Bill Maris’ new Section 32 fund, with Maris joining Kobalt’s board of directors as part of the funding. Maris […]

Digital marketing lessons from WMG, Kobalt and Lounge Books

Music Ally’s Sandbox Summit conference in London yesterday included three short’n’sharp sessions where digital marketers outlined the lessons they learned from recent campaigns. Warner Music Group’s senior VP of global marketing Beth Appleton talked about influencer marketing. “We know that they’re the new tastemakers. And ultimately we’ve got the potential to reach millions globally. And […]

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