Blinding numbers
October 19, 2021

Another big sale: Kobalt sells catalog to Chord for $1.1 billion

Lorde at Lollapalooza

Investment giant KKR's new venture Chord has acquired the KMR Music Royalties II portfolio for approximately $1.1 billion, Music Business Worldwide reports. The catalog, which contains over 62,000 copyrights across multiple genres, includes hits by The Weeknd and Lorde.