Kobalt Seals Exclusive Worldwide Administration Deal With Dave Grohl

Kobalt has finalized a deal with Dave Grohl to take over the exclusive worldwide administration rights to all of the musician's music, from Nirvana to the Foo Fighters to Them Crooked Vultures, the company announced today. The deal will go into effect in 2014.

As part of the agreement, Kobalt will handle all synch and creative opportunities for Grohl's music, including the new songs that will appear on the soundtrack to his new documentary "Sound City - Real to Reel," which debuted at Sundance this year and will be out later this month, with the album set for a March release.

Grohl celebrated the premiere of his film, which chronicles the Sound City recording studio in Van Nuys, Calif., with a star-studded concert in Park City, Utah Friday night, bringing out the likes of Stevie Nicks, John Fogerty, Krist Novoselic, and Rick Springfield, all of whom recorded at the studio throughout the years. Grohl himself used the Sound City studio as a member of Nirvana when they recorded Nevermind in 1991.

"It's a privilege and thrill for all of us to be working with Dave Grohl, John Silva and his management team," said Kobalt founder/CEO Willard Ahdritz in a statement. "As a rock musician, multi-instrumentalist, singer-songwriter and film director, vocalist, guitarist, and songwriter, Dave is a force and an immense and diverse talent with a catalogue of amazing songs. We look forward to a long relationship and the new Sound City - Real to Reel album due next month."