Publishing Briefs: Kobalt to Invest $100 Million in Advances, Copyrights

Kobalt Music Publishing’s Australian affiliate has reached an exclusive agreement to serve as the official sub-publisher Down Under for Disney Music Group.  The new deal, unveiled today, covers Australia, New Zealand and associated APRA territories.

Kobalt will handle copyright administration, sync licensing and creative services, and represent the songs owned by Disney’s music publishing companies including the music from motion picture scores, themes and classic works from “The Lion King”, “The Little Mermaid”, “Beauty and the Beast,” “Cinderella” and “Toy Story,” among others.

Disney’s roster of contemporary songwriters and artists includes Demi Lovato, Selena Gomez, Zendaya and  Matt Squire, writer of Yougblood Hawke's single "We Come Running" and Ke$ha's "Dirty Love".
 
In a statement issued today, Willard Ahdritz, Founder and CEO of Kobalt Music Group, said he was “thrilled and honored” for Kobalt to be working with Disney Music Group. “Not only are the Disney music catalogs historic with some of the most memorable and classic songs ever written, the energy and vibe of the people working for Disney is very exciting. The current talent associated with their numerous music companies is also continually on the cusp of generating popular hits that impact globally.”

Ken Bunt, executive vice president, Disney Music Group, added, “We have long been fans of their proactive and transparent approach to the music publishing business.  Willard and his team clearly see the future of the business and we are looking forward to the road ahead.”

Kobalt Opens In Australia, New Zealand

Publishing vet Simon Moor is the managing director of Kobalt’s Australasian business, which launched back in 2010. Kobalt's Sydney office has since inked deals with the likes of Gotye, Icehouse and Art vs Science, and struck a global publishing administration deal with Future Classic.

Back in April 2009, the Disney Music Group chose Universal Music Group to handle digital and physical releases for the Disney’s roster of artists affiliated with Hollywood Records and Walt Disney Records -- plus their catalogs -- for the Australian market.