Industry Jul 8, 2026
Primary Wave Acquires Kobalt, Forms $7B Music Company
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
Primary Wave has finalized its acquisition of Kobalt, establishing a significant independent music entity valued at $7 billion. The acquisition encompasses Kobalt's global operations, its extensive music catalog, and its digital collection society, AMRA.
This deal, initially reported in February, marks a major consolidation within the music industry. Originally reported by Billboard.