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November 6, 2017 02:00 pm GMT
Kobalt, the music tech startup that has built a platform for rights holders to track incremental and full plays of music across a wide sea of platforms (in order to collect royalties on those plays), is announcing another big step in its bid to put its money where its mouth is. The company’s fully owned subsidiary Kobalt Capital is unveiling a $600 million music royalties fund to buy… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dyigGrr4cIU/
Kobalt raises $600M to buy up (and monetize) more music copyrights
Kobalt, the music tech startup that has built a platform for rights holders to track incremental and full plays of music across a wide sea of platforms (in order to collect royalties on those plays), is announcing another big step in its bid to put its money where its mouth is. The company’s fully owned subsidiary Kobalt Capital is unveiling a $600 million music royalties fund to buy… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/dyigGrr4cIU/
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