Advances

Rights owners can be forced to make difficult decisions in order to support their cash flow needs in the short term. Often the only option available to them is a traditional publishing deal where they give up ownership or control of their copyrights for many years in return for an advance. These long-term arrangements can sometimes make sense for a writer at the early stages of their career who finds a publisher committed to invest in their development. Additionally, there are times when the need for a large payment up front is more important than any future flexibility or control.

However many rights owners want a financing alternative which bridges the gap between an administration deal and a traditional publishing deal. The solution - Kobalt's advances offer innovative, flexible and inexpensive access to cash plus the freedom for the client to retain ownership of rights. With easy and inexpensive financing, clients can access scalable, low cost funds when needed, without the risk of locking into a long-term deal.

New clients signing with Kobalt can access pipeline advances at the beginning of their deal. The advance is structured to be low cost and efficient with rates dropping to a low admin rate on recoupment. This allows access to pipeline funds at the point of signing a deal, without giving up ownership or control in return.

For clients in existing deals with Kobalt we offer access to our online pipeline advance system. Driven through the Kobalt client portal, the system allows clients to access low cost pipeline advance money, where available, at any point in their deal. This is the ideal solution for clients in need of short term cash flow support.