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01 February 2021 / deal

Kobalt Music sells AWAL and Neighbouring Rights Businesses to Sony Music Entertainment

Loyens & Loeff advised Kobalt Music Group as Dutch counsel on its sale of its recorded music operations, including AWAL, a leading provider of services to independent recording artists, and Kobalt Neighbouring Rights, its global neighbouring rights business, to Sony Music Entertainment.

Kobalt is a music and technology company built for artists, songwriters, publishers and labels as an alternative to the traditional music business model.

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