{"id":98139,"date":"2021-01-21T14:11:01","date_gmt":"2021-01-21T14:11:01","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=companies&p=98139"},"modified":"2022-01-03T17:40:23","modified_gmt":"2022-01-03T17:40:23","slug":"awal","status":"publish","type":"companies","link":"https:\/\/www.musicbusinessworldwide.com\/companies\/sony\/sony-music-group\/sony-music-entertainment\/awal\/","title":{"rendered":"AWAL"},"content":{"rendered":"

AWAL (originally Artists Without A Label) is a recorded music company offering distribution and other services to artists and independent labels.<\/p>\n

It previously operated as part of Kobalt Music Group, but was acquired by Sony Music Entertainment in a $430 million deal in May 2021.<\/a><\/p>\n

Originally cofounded by Denzyl Feigelson, AWAL became part of Kobalt via an acquisition announced in 2012<\/a>. It subsequently formed the basis of Kobalt’s first label services division.<\/p>\n

In March 2018, Kobalt Music Group announced it would be investing $150m<\/a> in the growth of AWAL.<\/p>\n

Artists and labels who have been AWAL clients include Kim Petras, Nick Cave & The Bad Seeds and Little Simz, plus label partners like Glassnote Records.<\/p>\n

Artists signed to AWAL keep ownership of their copyrights.<\/p>\n

\n
Financials<\/h6>\n

In Kobalt’s FY2019, to the end of June 2019, AWAL saw its revenues<\/a> increase by 86% year-on-year to $111.5m.<\/p>\n

\n
Acquisition of In2une<\/h6>\n

In June 2018, AWAL acquired<\/a> New York-based independent radio promotion company In2une.<\/p>\n

Founded in 2007 by Dale Connone, in2une handles multi-format radio promotion for independent labels and artists, in addition to other services including playlisting, social & digital strategy, and campus promotion.<\/p>\n","protected":false},"excerpt":{"rendered":"

AWAL, acquired by Kobalt in 2012, works with artists including Nick Cave and Lauv<\/p>\n","protected":false},"featured_media":31388,"parent":83824,"menu_order":0,"template":"","class_list":["post-98139","companies","type-companies","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/companies"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98139\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/83824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/31388"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=98139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}