<page_title> Kobalt Music Group </page_title> <section_title> Divisions </section_title> <table> <cell> Kobalt Music Publishing <col_header> Division </col_header> </cell> <cell> Kobalt Music Publishing (KMP) is an independent, private music publisher that also provides creative services to artists. Explains The Telegraph, "the company aims to offer its clients a 'transparent' fee model, using sophisticated algorithms to monitor and collect music royalties from all areas of digital output, and breaking down these earnings for artists." As of February 2015, Kobalt owned 17.3% of the total market share among worldwide music publishers, ranking it second in the world after Universal. <col_header> Description </col_header> </cell> </table>
Kobalt owned 17.3% in 2015.