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Primary Wave is in advanced talks to buy Kobalt Music Group in a transaction valued over $1 billion, according to sources. The acquisition would combine Primary Wave's nearly $6 billion portfolio with Kobalt's assets to form an independent music powerhouse exceeding $7 billion. Kobalt, the world's largest independent music publisher, has grown under recent ownership and partnerships.

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The estate of the late soul singer Isaac Hayes has reached a confidential settlement with President Donald Trump over the unauthorized use of the 1966 song 'Hold On, I’m Comin’' at 2024 election rallies. The agreement ends a lawsuit filed in 2024, with both parties expressing satisfaction. Financial terms were not disclosed.

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