Further Dealings: Lenny Kravitz's Roxie Records + Kobalt Label Services

Lenny Kravitz's Roxie Records has entered into a worldwide agreement with Kobalt Label Services to release, market and promote the artist's upcoming studio album, "Strut," in September. The four-time Grammy Award winner's last album, "Black and White America," was released through Roadrunner/Atlantic in 2011 and has sold 61,000 copies in the United States, according to Nielsen SoundScan. Before that, Kravitz recorded for the Virgin Records label - his first - for more than 20 years, where he sold more than 38 million records worldwide.

Since his last album Kravitz has been busy with a number of movie projects including roles in The Hunger Games and Lee Daniels' The Butler.

Since launching in 2013, Kobalt has aggressively pursued its label services strategy, inking deals with a number of heritage acts including Pet Shop Boys and Nick Cave.