Indie music writer Kobalt Music Group has promoted Derek Cournoyer to Senior Vice President of International Digital Enterprise.
In his expanded function, Cournoyer will play a “pivotal” function in putting strategic partnerships with firms like Meta, TikTok and YouTube, Kobalt stated in an announcement on Thursday (July 24).
Cournoyer, who served as VP of International Digital Enterprise for 3 years previous to his promotion, can even work on initiatives involving rising markets and applied sciences comparable to web3 and AI.
He obtained his begin within the music enterprise at Artist Publishing Group in 2009, earlier than leaping to Kobalt in 2011 to work in synch. In 2016 he moved to singing app startup Smule, earlier than returning to Kobalt in 2019 as Senior Director, Synch & Enterprise Growth.
“As a tech-forward music firm, it’s essential that our songwriters are protected and are positioned to earn earnings from rising applied sciences,” Kobalt’s Chief Digital Officer, Bob Bruderman, stated.
“Derek has performed an important function in forging modern offers with new companions whereas making certain that we have now sturdy relationships with the main digital companies and platforms. I’m happy to have the ability to acknowledge his contributions by increasing his function at Kobalt.”
“Derek has performed an important function in forging modern offers with new companions whereas making certain that we have now sturdy relationships with the main digital companies and platforms.”
Bob Bruderman, Kobalt
Cournoyer added that he’s “extremely grateful to Bob, [Kobalt CEO] Laurent Hubert, and [President and COO] Jeannette Perez for fostering a tradition of innovation and for his or her belief in me to assist push our mission ahead.”
He added: “We’re at a turning level within the music trade as AI transforms the panorama and micro-licensing opens up highly effective new pathways for the creator financial system. Kobalt isn’t just adapting to this second – we’re constructed for it.
“With probably the most refined metadata infrastructures within the enterprise, we’re positioned to license music smarter, sooner, and extra strategically. I’m proud to be a part of a staff that’s not simply responding to vary, however main it – and redefining what’s doable for music publishing within the digital age.”
Cournoyer’s appointment follows a number of new modifications close to the highest of the corporate this yr, together with Columbia Data alum Rani Hancock becoming a member of Kobalt in January as Head of US Inventive, Jason Feinberg’s appointment as SVP and Head of Kosign, the corporate’s recently-launched music publishing platform, and Claes Uggla taking over the function of Normal Supervisor of Kobalt Scandinavia.
With the corporate now serving greater than 1 million songs, Kobalt boasts that it represents, on common, over 35% of the highest 100 songs and albums within the US and UK.
It represents artists together with Roddy Ricch, Max Martin, Karol G, Andrew Watt, Stevie Nicks, Phoebe Bridgers, The Lumineers, Gunna, Justin Quiles, The Foo Fighters, and Paul McCartney, amongst many others.Music Enterprise Worldwide
