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Primary Wave and Kobalt CEOs Discuss Their Billion-Dollar Partnership — And Why ‘You’ll See a Lot More’ Consolidation in Music
In the latest episode of Billboard On the Record, Larry Mestel and Laurent Hubert talk about Primary Wave's acquisition of Kobalt publicly for the first time.
Summary
In the latest episode of Billboard On the Record, Larry Mestel and Laurent Hubert talk about Primary Wave's acquisition of Kobalt publicly for the first time. In February, Billboard broke the news that Primary Wave was nearing a historic deal to acquire Kobalt, arguably the world’s largest independent frontline publisher. Together, it was estimated that the newly combined company would be worth a staggering $7 billion in assets .
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