Industry Jul 8, 2026

Primary Wave Closes Kobalt Acquisition, Creating a $7B Indie Powerhouse

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 Closes Kobalt Acquisition, Creating a $7B Indie Powerhouse

Primary Wave has finalized its acquisition of Kobalt, establishing a significant independent music entity valued at $7 billion. This transaction encompasses Kobalt's global operations, its extensive music catalog, and the digital collection society AMRA. The acquisition was initially reported in February. Originally reported by Billboard.