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Kobalt Partners With Chordal to Address Sync Licensing Bottlenecks
Kobalt partners with Chordal to streamline global sync licensing — the first time it has relied on a third-party platform to power sync transactions.
The collaboration marks the first time Kobalt has relied on a third-party platform to power its global sync transactions, signaling an important shift in how music rights and licenses are handled in an increasingly digital world. InstantClear facilitates key aspects of licensing and payments, allowing various rights holders to quickly approve their respective shares and supporting automated, custom legal contracts. “Chordal’s platform seamlessly integrates the creative and operational sides of the sync business, and their ability to consolidate rights holders on fractionally owned songs and masters greatly simplifies the process for buyers,” he said in a statement.
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