Kobalt and STIM to launch aggregated European rights division

RHIAN JONES

Kobalt Music Group and STIM have partnered to launch Kobalt STIM Aggregated Rights AB – a new division to provide a one-stop shop to Kobalt’s European rights for digital music services.

The division will launch on March 1 as a newly formed subsidiary of STIM, reports Billboard.

As part of the service’s proprietary technology platform, Kobalt clients will receive full transparency in usage data, rates and costs per license, with the ability to access their revenues as soon as ...

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