No. 64: Willard Ahdritz | Power 100

64

WILLARD AHDRITZ, 54

Founder/CEO, Kobalt

$494 MILLION IN FISCAL 2018 REVENUE: In 2018's second quarter, Kobalt logged a 19 percent share of radio's top 100 songs, ranking No. 2 on Billboard's Publishers Quarterly -- a position the company last held in 2014. The third quarter proved even more eventful: While London-based Kobalt maintained its second-place rank and generated $494 million in revenue for fiscal year 2018, Ahdritz announced a $150 million infusion for its recorded-music division, AWAL. Kobalt also began a strategic partnership with Glassnote (which was previously distributed by Universal Music Group) that added the catalogs of Mumford & Sons, Phoenix and Chvrches to AWAL's roster of Rex Orange County, Lauv and deadmau5.

Billboard Power 100 2019


THE BILLBOARD BIZ
SUBSCRIBER EXPERIENCE

The Biz premium subscriber content has moved to Billboard.com/business.


To simplify subscriber access, we have temporarily disabled the password requirement.