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KOBALT FOR SALE?

Chatter (and press) about a possible Kobalt sale is ramping up, and many in the biz wonder what's next from the House of Ahdritz. The company more or less confirmed that it has been and remains open to such a transaction, though how that would work has been the subject of much speculation—as is the price, with some in the biz describing the $1 billion postulated as high, suggesting a range of $500m-750m.

Could a major pubco get into the game for the sake of the potential marketshare gains bestowed by Kobalt's mountain of admin deals? Or is a play from a consortium of hedge-fund players or even public investors (in a stealthy alternative to a risky IPO) more likely? Stay tuned.

UMG'S $4.5 BILLION
FIRST-HALF HAUL
The rich get richer. (7/28a)
SPOTIFY TOPS 165M
PREMIUM SUBS
The dominant platform keeps growing. (7/28a)
A KID-FRIENDLY TOP 20
Thunder from Down Under (7/28a)
NYC HOMECOMING CONCERT SETS LINEUP
A day in the park (7/28a)
JAZMINE SULLIVAN ON THE POWER OF R&B
Perpetuating a grand tradition (7/28a)
NEW & DEVELOPING ARTISTS
From tender shoots to mighty oaks.
MARKETSHARE MANIA
Let's do the numbers.
DELTA VARIANT
It is not the name of a Henry Miller novel.
IS IT TIME FOR ANOTHER ROCK STORY?
Could be. Dunno.
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