Music licensing platform Slipstream has partnered with Kobalt for global music publishing management, including Kobalt’s investment in Slipstream.
The companies have not disclosed the value of Kobalt’s investment, but said the partnership “expands both companies’ capabilities in a significant way to combine technology and expertise to serve the entire music publishing ecosystem.”
Slipstream acquired last month Anthem Entertainment‘s production music group, which includes 650,000 Tracks from producing music organizations punk jingleindependently produced music library 5 alarm clock musicand UK independent production music publisher cavendish music. Slipstream says this makes it the largest independent music licensing company in the world. The company provides music to digital content creators as well as the traditional film, television and advertising industries.
Kobalt claims to be the world’s largest independent music publisher, with more than 1 million song. Kobalt represents some of the major songwriters including Rodylic, Max Martin, Carol G, Andrew Watt, Stevie Nicks, Phoebe Bridgers, The Lumineers, Guna, Justin Qualls, Spitfireand Paul McCartneywait.
“We have built a next-generation music production company that we believe has huge potential in the market,” said Splistream. Laurent HubertCEO of Kobalt.
“This deal enables Kobalt to better serve the entire music publishing ecosystem, from the world’s top songwriters to advertisers and TV/film creators seeking music queues.”
Kobalt has a strong focus on technology to grow its business. For example, in September, it partnered with a blockchain-powered music platform vocal Allowing songwriters signed by Kobalt to access potential new revenue streams through Audius’ decentralized marketplace. Kobalt also signs deal with AI-powered music financing platform Break breadwhich enables artists funded through beatBread to access Kobalt’s publishing management services.
“This deal enables Kobalt to better serve the entire music publishing ecosystem, from the world’s top songwriters to advertisers and TV/film creators seeking music queues.”
Laurent Hubert, Co
Earlier this year, Kobalt launched an updated version of its client portal, which includes a “Collection Gap” tool that allows songwriters to see how long there is a delay between the use of a song and the receipt of associated royalties.
“At Slipstream, we combine the largest library of independently produced music with the most technologically advanced platform to power the global creative community,” Slipstream CEO Dan Demore explain.
“In many ways, Kobalt has done the same thing, combining technological innovation with the best global management team in the industry. Their global expertise will enable Slipstream to maximize the use of our vast product catalog.”
Slipstream Chief Revenue Officer Jesse Colvinadded: “At Slipstream, our goal is to revolutionize the way the creative community sources and licenses music for their productions. Kobalt is the perfect global partner to make this happen. We’re excited to start working with them.
Kobalt says its sync team has put music from its songwriters into ads in the past 18 months alone apple, Saint Laurent, Bosch, Carlsberg, polar star, Chanel, T-Mobile, Walmart, Ford, Downey, Target, Samsungand Coca Colaand ribbons such as Netflix, Apple TV+, Disney+, Paramount+and maximum.
“At Slipstream, we combine the largest library of independently produced music with the most technologically advanced platform to power the global creative community.”
Dan Demore, “Slipstream”
The company boasts that its music has appeared in movie trailers, including wild robot, blink twice, Kung Fu Panda 4, reserved, and king arthur. In gaming circles, Kobalt is over 200 Placement in fort night Over the past 18 months, and in Electronic Arts Sports‘ FC 25 Ultimate Edition.
Slipstream was founded in 2001 by Demole and Korwin $3.25 million in the first round of financing that year. The following year, he proposed $7.5 million The Series A financing includes sony music among investors.global music business
