The $410 million, 5,000-song catalog also includes the music of AJR, Busta Rhymes and Jessie J.
Meanwhile, Sony sweeps all three Publishers Quarterly categories for Q3 2023, while Warner Chappell jumps to second place on Hot 100.
Sandoval already scored a No. 1 track on Billboard's regional Mexican airplay chart with “Si ya hiciste mal.”
This marks Kobalt's return to managing investment for outside capital after selling its two Kobalt Capital funds in recent years.
The National Music Publishers' Association has elected a new board, including newcomers Laura Veltz and Jeff Pachman.
The digital collections society expects double-digit revenue growth this year.
Also this week: Kobalt names a vp of creative, Various Artists Management appoints an A&R head and more.
Also this week: Seeker Music boards a chief rights & royalties officer, Republic Records names a vp of marketing strategy and more.
Catalog tunes like Montell Jordan’s “This Is How We Do It,” DMX’s “What’s My Name” and Supergrass’ “Alright” are setting an upbeat tone this year.
