Billboard

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Madonna and Bruce Springsteen lead Billboard’s annual list of the year’s top 40 money makers: http://blbrd.co/XQEZDp

Our 2013 Power 100 issue is here! Buy a copy: http://blbrd.co/11uE2J9 | See the list: http://blbrd.co/YJJRNd

Get a first look at the latest Billboard magazine cover — the Twitter 140 issue!

This week’s cover, featuring Kobalt founder/CEO Willard Ahdritz, who just may be changing the music biz…

Ever heard of Kobalt Music Group?

If you haven’t, just ask Pearl Jam, Tiësto, Kid Cudi, LMFAO, DJ Shadow, Neil Finn and Joss Stone.

They’re among the artist/songwriters who have signed administration deals with the music publishing company during the past two years. They join a growing list of other Kobalt clients that includes Lukasz “Dr. Luke” Gottwald, Max Martin, Kelly Clarkson, Skrillex, Bon Iver, Trent Reznor, Toby Keith, Vince Gill, Herbie Hancock, Rufus Wainwright and OneRepublic’s Ryan Tedder.

How has Kobalt managed to build up such a high-powered roster? By providing what it says is a new approach to music publishing: delivering royalty payments with greater transparency and accountability.