Kobalt Music Group Posts 23.6% Growth in Gross Profit for 2018

The vibrant indie music scene continues to drive Kobalt’s revenue. For its fiscal year ended June 30th, 2018, Kobalt has posted some pretty impressive numbers. The independent rights management and publishing company’s revenue jumped 25.3% to $402.1 million year-over-year.  Gross collections also grew 30% to $494 million.  In addition, gross profit jumped 23.6% to $52.5 […]

The post Kobalt Music Group Posts 23.6% Growth in Gross Profit for 2018 appeared first on Digital Music News.

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