News October 27, 2015

Kobalt Portal offers access to real time economic transactions

Kobalt Portal offers access to real time economic transactions

Global music publishing and services company, Kobalt has expanded its Portal in an effort to provide clients with an insight into their many income streams.

The new service enables artists, labels, publishers and songwriters to track all transactions that pertain to their music in real time, permits access to data from streaming services like Spotify and YouTube via digital sales trackers and even includes the option to view statements, catalogue information and sales comparisons.

Kobalt’s publishing section has received an upgrade that makes digital collection data available to writers while a vast array of features and user-friendly tools let neighboring rights, publishing and label service clients review all income streams.

Willard Ahdritz, founder and CEO of Kobalt said: “This is another giant step toward creating an industry platform that offers a more transparent future for artists, songwriters and publishers around the world. The incorporation of label services as a third strand of the Kobalt Portal completes its transition into the world’s first fully comprehensive rights tool.  With one hit song today creating billions of transactions, our Portal offers an unparalleled level of transparency, enabling Kobalt clients to understand what is happening with their music throughout the global market.”

Kobalt has provided a launch video for the portal at www.kobaltmusic.com/?portal.

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