White & Case LLP advised Kobalt Music Group Limited on the deal.
Kobalt Music Group Limited reached an agreement to divest its recorded music operations, including AWAL, a leading provider of services to independent recording artists, and Kobalt Neighbouring Rights, its global neighbouring rights agent, to Sony Music Entertainment.
AWAL and Neighbouring Rights will become a new division within Sony Music Entertainment’s independent artist and label services offerings.
Kobalt is one of the world’s largest, most innovative music companies, using technology to power creative freedom, transparency, ownership and control for 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 London), who advised on the M&A aspects, and included M&A associates Mark Richardson, Christian Holbrook, Nick Crawford and Francis Brown (all London) and Fabrizia Faggiano (Milan). Antitrust aspects were led by partners George Paul (Washington, DC) and Axel Schulz (Brussels) and associates Daniel Rosenthal and Alexander Andresian (Washington, DC) and Jan Jeram (Brussels). Tax aspects were led by partners Will Smith (London) and Steven Gee (New York) and associate Alexander Miles-Dinham (London). Employment aspects were led by partners Nicholas Greenacre (London) and Tal Marnin (New York) and associates Kate Russell (London) and DeVoia Stewart (New York). Intellectual Property and Data, Privacy & Cybersecurity aspects were led by partners Philip Trillmich and Tim Hickman (both London).
Involved fees earner: Alexander Andresian – White & Case; Francis Brown – White & Case; Nick Crawford – White & Case; Fabrizia Faggiano – White & Case; Steven Gee – White & Case; Nicholas Greenacre – White & Case; Tim Hickman – White & Case; Christian Holbrook – White & Case; Monica Holden – White & Case; Michael Immordino – White & Case; Jan Jeram – White & Case; Tal Marnin – White & Case; Alexander Miles-Dinham – White & Case; George Paul – White & Case; Mark Richardson – White & Case; Daniel Rosenthal – White & Case; Kate Russell – White & Case; Axel Schulz – White & Case; Will Smith – White & Case; DeVoia Stewart – White & Case; Philip Trillmich – White & Case; Daniel Turgel – White & Case;
Law Firms: White & Case;
Clients: Kobalt Music Group;