White & Case LLP advised Kobalt Music Group Limited in connection with the agreement.
Kobalt Music Group Limited has entered into an agreement to divest its recorded music business, including AWAL, a leading independent artist service provider, and Kobalt Neighboring Rights, its global neighboring rights agent, to Sony Music Entertainment.
AWAL and Neighboring Rights will become a new division within Sony Music Entertainment’s independent artist and label service offerings.
Kobalt is one of the world’s largest and most innovative music companies, using technology to foster creative freedom, transparency, ownership and control over artists, songwriters, publishers and labels.
The White & Case team that advised Kobalt on the transaction was led by partners Michael Immordino, Daniel Turgel and Monica Holden (all Londoners), who advised on M&A aspects, and included M&A partners Mark Richardson, Christian Holbrook, Nick Crawford and Francis Brown (all in London) and Fabrizia Faggiano (Milan). Antitrust aspects were led by partners George Paul (Washington, DC) and Axel Schulz (Brussels) and partners Daniel Rosenthal and Alexander Andresian (Washington, DC) and Jan Jeram (Brussels). The tax aspects were managed by partners Will Smith (London) and Steven Gee (New York) and partner Alexander Miles-Dinham (London). The employment aspects were led by Partners Nicholas Greenacre (London) and Tal Marnin (New York) and Partners Kate Russell (London) and DeVoia Stewart (New York). The intellectual property and data, privacy and cybersecurity aspects were led by partners Philip Trillmich and Tim Hickman (both in London).
Remunerator of the costs involved: Alexander Andresian – White and case; Francis Brown – White and case; Nick Crawford – White and case; Fabrizia Faggiano – White and case; Steven Gee – White and case; Nicholas Greenacre – White and case; Tim Hickman – White and case; Christian Holbrook – White and case; Monica Holden – White and case; Michael Immordino – White and case; Jan Jeram – White and case; Tal Marnin – White and case; Alexander Miles-Dinham – White and case; George Paul – White and case; Mark Richardson – White and case; Daniel Rosenthal – White and case; Kate Russell – White and case; Axel Schulz – White and case; Will Smith – White and case; DeVoia Stewart – White and case; Philip Trillmich – White and case; Daniel Turgel – White and case;
Law firms: White and case;
Customer base : Kobalt Music Group;