Kobalt signs up Evergreen
KOBALT MUSIC GROUP SIGNS EXCLUSIVE ADMINISTRATION DEAL WITH EVERGREEN COPYRIGHT ACQUISITIONS
(February 2, 2006) LONDON, U.K. - Kobalt Music Group (Kobalt) has concluded an exclusive administration agreement with EverGreen Copyright Acquisitions, LLC (EverGreen Copyrights) for the world ex-U.S., Canada and China, it was announced today by Willard A. Ahdritz, Kobalt Founder and CEO.
Kobalt will administer more than 15,000 songs including works by Teddy Riley, J.J. Cale, Nick Drake, Cubanismo, Morphine, Zero 7, Supreme Beings of Leisure, Radio 4, Josh Rouse, John Martyn, Fairport Convention, Sandy Denny, Richard Thompson, Violent Femmes, Rocket From The Crypt, and The Animal Collective.
As part of the agreement, Kobalt will also represent all of EverGreen Copyrights' works for synchronization in film, TV, and advertising. EverGreen Copyrights' Nashville office will oversee its own copyright and royalty administration for the U.S. and Canada.
Ahdritz commented: "We are very proud to have been chosen by EverGreen Copyrights to be their foreign administration arm ex-US, Canada and China. This is a significant deal and they have already put together exceptional catalogs of quality copyrights, which our Kobalt team will administer and exploit around the world."
"Given Kobalt's transparency, direct society relationships, more frequent accountings, online registration and verification, and synch placement agents, Kobalt was the clear choice to handle EverGreen Copyrights' administration and licensing in foreign territories," said Richard W. Perna, Co-Founder and Co-Chief Executive Officer of Evergreen Copyrights.
On January 20, music industry veterans Joel A. Katz, David K. Schulhof, and Richard W. Perna officially announced the formation of the EverGreen Copyrights and five completed acquisitions, including the purchase of Rykomusic assets and Warlock Music catalogs, the Teddy Riley catalog, the Audigram catalog, the Bill Monroe Music catalog, and the works of Matt Slocum.
About Kobalt Music Group
With offices in London, New York, Nashville, and Los Angeles, Kobalt Music Group is a global, independent music publisher offering administrative and creative services to writers, publishers and other publishing rights holders. As the fastest growing music publisher in the world and a Top 10 UK publisher, Kobalt has become recognized as the new publishing model, fast attracting major writers and artists and publishing companies. Kobalt's unique and modern, centralized royalty collection infrastructure is based on direct relationships with collection societies and a unique proprietary technology which enables clients to receive faster delivery of revenues and information in a transparent and efficient manner.
Kobalt's management has entrepreneurial, strategic and technology know-how as well as music industry experience dedicated to providing the highest level of service. The company's international creative team also works with record labels, film companies and advertising agencies to create maximum opportunities for clients and their copyrights.
Kobalt Music Group's clients include: Gwen Stefani, 8 Mile Style, Max Martin, Desmond Child, The Hives, Dr. Luke, Nine Inch Nails, Sanctuary Music Publishing, Ric Wake, EverGreen Copyrights, Donald Fagen, Tony Kanal, UB40, Tears For Fears, Air-Edel Music, Axl Rose, B-Unique Music, Rami, Arnthor Birgisson, Anthony Hegarty (of Anthony and the Johnsons), Alexandra, Badly Drawn Boy, Cal IV Music, Integrated Copyright Group, Bill Wyman, Wet Wet Wet, Teddy Riley, Denzil Foster, Dennis Matkosky, Ignition Music, Big Life, James Brown and many others.