Monday, June 8, 2015

@LilWayne Signs With Music Royalties Collection Company Kobalt

 Weezy revealed last year that he was ready to break ties with his grimmey ass record label Cash Money. The “Block is hot” rapper later filed a lawsuit against the company for unpaid royalties and record advances. Weezy has now signed with Kobalt Neighbouring Rights to collect global royalty revenue on his behalf ..

"Kobalt’s powerful tracking system compares collection against detailed in-house expectations to ensure all income is correctly accounted. Kobalt develops these detailed expectations from 3rd party performance data, Territory expectations from Kobalt’s pre-distribution health check, as well as from the client’s income data. Combining these three data sources allows us to monitor collection and ensures all income is received" ..

Weezy joins fellow artists Ariana Grande, Bruno Mars, Sam Smith, etc .  as recent Kobalt clients. The firm also represents big artist  Busta Rhymes, Kid Cudi and DJ Premier. Over 8,000 artists and songwriters and 500 publishing companies are signed with Kobalt.... damn !

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