Kobalt Seeking $1B Buyer for Catalog Believed to Include Lorde, The Weeknd Hits

Kobalt Music has been shopping its Kobalt Music Royalty Fund II, sources say, and is now involved in final negotiations or may have already closed the deal — which sources say is the $1 billion ball park — possibly with a group of investors that includes private equity firm KKR.

Source: Kobalt Seeking $1B Buyer for Catalog Believed to Include Lorde, The Weeknd Hits