Blue Raincoat Songs, the publishing company recently launched by former Chrysalis CEO Jeremy Lascelles and record producer Robin Millar, will have its catalogue administered worldwide by Kobalt, it has been announced. And why not, I say.
Lascelles says of the deal: "Blue Raincoat Songs will be a very creatively driven operation, but we know how important it is to have really efficient registration and collection systems in place. Kobalt's reputation in this area is second to none and they will provide a global resource and infrastructure that should be a perfect complement to our creative endeavours. Plus it will be nice having them on our team rather than as a competitor!" Kobalt CEO Richard Sanders adds: "All of us at Kobalt look forward to adding value to the roster of Blue Raincoat Songs writers by enhancing Jeremy and Robin's creative expertise with our global rights management platform". Blue Raincoat also boasts the backing of former Chrysalis owner Chris Wright and one time Virgin Entertainment Chairman Robert Devereux, and recently announced its first signing as veteran songwriter Mike Chapman.