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Business News Deals Labels & Publishers
Kobalt announces alliance with new Lava publishing company
By Chris Cooke | Published on Tuesday 19 May 2015
Team Kobalt took a few minutes off from saving the entire music industry with their big-fat-data-machine yesterday to complete a deal with the all new publishing side of Lava, the music company of one-time major label exec Jason Flom.
And guess how Flom feels about having Kobalt provide worldwide administration, sync and licensing services for his company. Can you guess? See if you can guess. I’ll give you to the end of this quote from Kobalt’s Richard Sanders to have a good old guess.
Sanders: “I have long admired Jason’s unparalleled talent for discovering hits and developing superstar talent. After first working together nearly 25 years ago, it is a pleasure to work with Jason again on his new publishing venture”.
OK, who had £2 on Flom being “thrilled” by this deal? Hey, well done you. Help yourself to some free lava. “I’m thrilled to be in business with the fantastic team at Kobalt”, says Flom. “And I look forward to super-serving great artists and songwriters as we build Lava Music Publishing into a major force in the business”.
