Searxng/Lawrence Mestel Music Primary Wave to acquire Kobalt in a landmark music industry deal, creating a $7B independent giant. Expected to close in late 2026. March 24, 2026 AceShowbiz - Primary Wave announced on Monday, March 23, its plan to acquire the worldwide operations of Kobalt, including its owned copyrights catalog and digital royalty collection platform, amra. The acquisition, as detailed in a press release, is subject to regulatory approval and anticipated to close in the latter half of 2026.