LONDON, UK (23 Jan 2012)
As of the beginning of this year AWAL has become part of the new Artist and Label Services division set up by independent publishing company – Kobalt. This is great news for all of us, and it’s the perfect evolution to the vision and philosophy of AWAL.
During the coming year AWAL will roll out next generation services for artists and labels worldwide, empowering recording owners with a similar level of control, transparency, accuracy and efficiency as Kobalt has successfully provided to songwriters and other owners of copyrights. The new services will enable AWAL clients the opportunity to maximize revenues from a wide range of digital retail, subscription, D2C and social media services, and benefit from advanced data analytics.
AWAL’s management team of Kevin Bacon, Jonathan Quarmby, Denzyl Feigelson and Paul Bower will remain intact. Furthermore, Kobalt plans to invest in AWAL, expanding its staff, suite of services and client base. AWAL will continue to operate independently from its London and Sheffield offices.
Commented Bacon and Quarmby, AWAL Co-Founders: “Becoming a part of the Kobalt Music Group is a natural fit and strategic move for the long term future of AWAL, our clients and employees. Kobalt has a history of innovation, growth and solid leadership and has made a firm commitment to investing in expansion of our global infrastructure and services.”
“Kobalt is a unique merger of rights management, innovative distribution and marketing, which is exactly the culmination of AWAL’s original vision,” said Denzyl Feigelson. “It’s exciting for our team and our roster to be part of a full service company that will serve artists and labels in the most pristine and fluid way.”
AWAL client and Absolute MD, Henry Semmence said: “Having been a strategic partner with AWAL for the several years now, the new tie up between AWAL and Kobalt is very exciting news for all of us. The label management skills and delivery access points to the market that we can offer as a combined force offers huge potential to a wide range of acts across all genres - exciting times ahead.”
Kobalt Music Group, Ltd.
Kobalt is the leading global, service-based music company offering unparalleled transparency, online copyright administration and royalty tracking, creative and synch/licensing services, weekly online balances, digital collections and advances to writers, publishers, performers and other rights holders. With over 125 employees in offices in London, New York, Nashville, Los Angeles, Berlin, Sydney and Stockholm, as well as agents in over 20 major territories, Kobalt administers more than 200,000 copyrights worldwide on behalf of over 1,000 content holders, including the world’s top songwriters, artists and other music publishers. For more information go to: www.kobaltmusic.com.