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Kobalt Launches KOSIGN Service for the ‘Growing Middle Class’ of Songwriting Talent

Summary by Billboard
“The middle class is growing, and it’s only going to accelerate with AI,” says Laurent Hubert, CEO of Kobalt. It’s a sentiment that’s widely held in the music industry today and one that’s backed by hard data. According to Luminate’s Midyear Music Report for 2024, the number of mid-tier artists – those earning between 1 million and 10 million on-demand audio streams – grew to 29,253, a 5.1% increase from the first half of 2023 to the first half …

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Daily Trojan broke the news in on Tuesday, February 25, 2025.
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