Primary Wave to Acquire Kobalt, Creating $7 Billion Company

Short excerpt below. Click through to read at the original source.

Primary Wave Music has announced a “definitive” agreement to acquire Kobalt, one of the world’s largest independent music publishing and technology platforms, creating a company valued at approximately $7 billion. The transaction, announced Monday morning, includes an investment from Brookfield. The deal will combine two of the largest independent companies in music: Primary Wave as […]

Read at Source