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Sony Music Acquires Kobalt’s Label and Neighboring Rights Division

Sony Music Entertainment announced it has entered into a definitive agreement with Kobalt Music Group to acquire Kobalt’s recorded-music operations, including AWAL, and Kobalt Neighboring Rights.Terms of the deal were not disclosed; the acquisition is subject to customary regulatory and closing conditions. AWAL and Neighbouring Rights will become a new division within SME’s suite of […]

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