Reservoir Media Inc (RSVR) Sector
Communication Services

(Current) $9.74
0.07 (0.72%) Open Price: 9.62

Reservoir Media Inc. is an independent music company that operates as a music rights management and publishing company. It was founded in 2007 by Golnar Khosrowshahi with the aim of acquiring and managing music copyrights across various genres. The company's headquarters are located in New York City, USA.

Reservoir Media focuses on acquiring rights to music compositions and recordings, as well as managing and monetizing these assets on behalf of its artists and songwriters. The company represents a diverse catalog of songs and recordings, including hits from popular artists and iconic songs from different eras. They work closely with songwriters and artists to help them maximize their revenue streams and reach a global audience.

As a music rights management company, Reservoir Media generates income through various revenue streams, including licensing songs for film, television, commercials, video games, and digital platforms. They also collect royalties from radio play, streaming services, and physical sales, ensuring that the rightful owners of the music receive fair compensation for their work.

In 2012, Reservoir Media made a significant acquisition by purchasing the historic catalog of soul and R&B label, Malaco Records. This acquisition further expanded the company's diverse and valuable music catalog.

Over the years, Reservoir Media has grown to become a prominent player in the music industry, and its extensive catalog includes a wide range of genres and iconic hits. The company's dedication to nurturing and promoting artistic talent has contributed to its success in an ever-changing music landscape.

(12/02/24) $9.62
(12/03/24) $9.67
(12/03/24) (Qty.)1,024
(12/02/24) $9.50
(12/02/24) $9.70
(11/17/24) $8.64
(12/01/24) $9.70
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