Thursday, February 20, 2020

Kobalt signs Australian pop star Tones & I to neighboring rights deal | Music Business Worldwide


Kobalt has signed Tones & I to a worldwide neighbouring rights deal.

In 2019 Tones and I made chart history, becoming the first artist to spend 24 weeks at No.1 on the ARIA singles chart, with her global hit, Dance Monkey.

Since its release in May 2019, the hit single has reached No.1 in 30 countries, spending a record breaking 11 weeks at No.1 in the UK.

Amassing over 2 billion streams, Dance Monkey held the No.1 spot for the most streamed song globally for four months (and counting), achieved 8 x platinum status in Australia, has become the most Shazamed song of all time, and is now officially the longest ever running No.1 song on the Spotify global charts.

In November 2019, Tones and I made her US television debut, on The Tonight Show with Jimmy Fallon, the video of her performance has over 50 million views on Youtube.

Tones ended the year with 8 ARIA Award nominations, and took home 4, including Breakthrough Artist.

Following the success of Dance Monkey, Tones and I’s new single Never Seen The Rain is already charting globally.

 “The rise of Tones And I and her single Dance Monkey has been both ubiquitous and chart topping.”

Simon Moor, Kobalt Music Group 

Simon Moor, Managing Director of Kobalt Music Group APAC, said: “The rise of Tones And I and her single Dance Monkey has been both ubiquitous and chart topping, but when you consider songs such as Never Seen The Rain and Johnny Run Away, the true depth of talent becomes apparent and it is easy to see that the future will be both bright as well as enduring!”

“Our detailed discussions leading up to doing this deal really reinforced for us that they’re the best in the business when it comes to this relatively complex and evolving income stream.”

Regan Lethbridge, David Morgan and Jackson Walkden-Brown, management

Regan Lethbridge, David Morgan and Jackson Walkden-Brown, co-managers of Tones and I added: “We’re absolutely pumped to be working with Kobalt on the neighbouring rights front!

“Our detailed discussions leading up to doing this deal really reinforced for us that they’re the best in the business when it comes to this relatively complex and evolving income stream.

“They’re exceptionally passionate about Tones and we’re very confident that this will be a long and fruitful relationship.”

“Tones and I is the latest global star to recognize this area and our years of expertise will ensure she receives the income due to her across the globe.”

Ann Tausis, Kobalt Neighbouring Rights

Ann Tausis, CEO, Kobalt Neighbouring Rights said: “I am so very pleased that Tones and her team have partnered with us for the collection of neighbouring rights.

“More and more global artists are becoming aware of this important revenue stream that has lots of rules and exceptions affecting who gets paid and where. It’s complex.

“Tones and I is the latest global star to recognize this area and our years of expertise will ensure she receives the income due to her across the globe.”Music Business Worldwide

[from https://ift.tt/2kVf04A]

No comments: