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Introduction

Kobalt Music Group has reported a sharp rise in gross collections and net revenue for the 12 months to end-June, the company's 2018 financial year.

Highlights

  • Rising sales costs and expenses resulted in widening losses for Kobalt, but the company ended the year with a positive cash balance and is expecting to generate revenue of more than $600m for the current financial year.

Features and Benefits

  • The research note details the latest financial accounts published by Kobalt Music Group.
  • The note examines the four main sectors for the company and explains where the company generates most of its income.

Key questions answered

  • Which of Kobalt's four main business sectors performed the best in the 12 months to end-June 2018?
  • What share of total revenue was generated in the UK in the financial year?

Table of contents

Ovum view

  • Summary
  • Kobalt growth strategy boosts revenue but widens losses
  • Publishing still the core business
  • Sharp growth for music recordings

Appendix

  • Author

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