Industry Jul 8, 2026

Primary Wave Acquires Kobalt, Forming $7B Indie Powerhouse

In short

The deal, which was first reported in February, includes Kobalt's worldwide operations, catalog and digital collection society AMRA.

Originally published by Billboard
Share
Primary Wave Acquires Kobalt, Forming $7B Indie Powerhouse

Primary Wave has completed its acquisition of Kobalt, a deal that encompasses Kobalt's global operations, music catalog, and the digital collection society AMRA. This acquisition establishes a new independent music entity valued at approximately $7 billion. Originally reported by Billboard.