Kobalt Expands Portal to Create First Integrated Artist-Writer Gateway
- Award-Winning Portal Extended to Label Services Clients- Real-Time Streaming Data Added for Publishing Clients- Now Incorporates Full Spectrum of Publishing, Recording and Neighbouring Rights 2 December 2014 – Kobalt, the leading global music publishing and music services company, has expanded its award-winning Kobalt Portal to deliver ultimate transparency to all of its clients, creating the world's first integrated data insights tool for artists, labels, publishers and songwriters to track their music, royalties and more globally in real-time.Now accessible to Kobalt Label Services (KLS), clients can view their statements and catalogue information and compare sales, streams and views from Spotify, YouTube and iTunes in real-time through the Digital Sales Tracker. The Kobalt Portal enables detailed analysis of global revenue by various criteria such as territory or income type according to whichever time frame the artist chooses. Furthermore, clients can track views and earnings for top YouTube user-generated and partner-provided content and watch the associated videos.In addition, the publishing section of the Portal has received a significant upgrade with writers now able to view digital collection data from Spotify, YouTube and iTunes in real-time for total transparency.Depending on which of their rights are being administered by Kobalt, clients can use the Portal to move seamlessly between neighbouring rights, label services and publishing data for a 360 degree view on their income.Incorporating an array of features and user-friendly analysis tools, the Kobalt Portal makes it easy for neighbouring rights, publishing and label services clients alike to review and understand all income streams, from physical sales to downloads, streaming to performance royalties. All such account activity is brought together in a customisable, global, real-time feed for quick access and overview.KLS and publishing clients can also use the Kobalt Portal to follow the Synch pipeline at every stage of the licensing process. Publishing clients can additionally take out advances on their income through the Portal.Willard Ahdritz, founder and CEO of Kobalt said: “This is another giant step toward creating an industry platform that offers a more transparent future for artists, songwriters and publishers around the world. The incorporation of label services as a third strand of the Kobalt Portal completes its transition into the world’s first fully comprehensive rights tool. With one hit song today creating billions of transactions, our Portal offers an unparalleled level of transparency, enabling Kobalt clients to understand what is happening with their music throughout the global market.”The advanced nature of the Kobalt Portal continues to be recognised throughout the industry, most recently at the Music Ally Digital Music Awards (UK) where Kobalt took home the “Innovation in Publishing” award for the Kobalt Portal.A launch video for the enhanced portal entitled “All Your Data, Working For You” can be seen here: http://www.kobaltmusic.com/?portal.About KobaltKobalt creates technology solutions for a more transparent, efficient and empowering future for rights owners, where artists, songwriters, publishers and labels can trust they will be paid fairly and accurately, regardless of how complex the digital world becomes. Kobalt’s innovative technology includes the world’s most advanced global licensing, collection and payment platform, the YouTube song-claiming tool Proklaim, the global digital music distribution platform AWAL, and the award-winning real-time data and insight reporting Portal.Kobalt’s Music Publishing, Label Services and Neighbouring Rights divisions each offer a modern alternative to the traditional music business model, empowering creators with flexible contracts, ownership, control, and total transparency. With over 250 employees in offices around the world, Kobalt represents over 5,000 artists and songwriters, 600,000 songs and 500 publishing companies, servicing its clients with global licensing management, works and rights distribution, royalty collection and processing, online data and royalty statements, creative services, synch & brand partnerships, record release management and marketing. Kobalt works with some of the world’s greatest artists and songwriters, representing on average over 40% of the top 100 songs and albums in both the US and UK. Kobalt has an 98.5% client retention rate, including Maroon 5, Lenny Kravitz, Dave Grohl, Max Martin, Bob Dylan, Pitbull, Ellie Goulding, Macklemore & Ryan Lewis, One Republic, Simon & Garfunkel, Passenger, Akon, Ryan Tedder, Paul McCartney and MPL Communications, Disney Music Group, Dr Luke, David Gray, Big & Rich, Stevie Nicks, Gwen Stefani, Nick Cave and the Bad Seeds, Noah Shebib, Thom Yorke, The Hives, The Lumineers, Richard Ashcroft, Björk, Kelly Clarkson, Gotye, Skrillex, Herbie Hancock, Moby, Kid Cudi, Joss Stone and the Miles Davis catalog among many others.