| Market Capitalization (Millions $) |
640 |
| Shares
Outstanding (Millions) |
66 |
| Employees |
300 |
| Revenues (TTM) (Millions $) |
180 |
| Net Income (TTM) (Millions $) |
8 |
| Cash Flow (TTM) (Millions $) |
16 |
| Capital Exp. (TTM) (Millions $) |
109 |
Business Description
Reservoir Media Inc is an independent music company that specializes in acquiring and monetizing copyrighted music content. The company was founded in 2007 by Golnar Khosrowshahi with the aim of bridging the gap between the traditional music business and the digital media landscape.
Reservoir is headquartered in New York City but has offices in Los Angeles, Nashville, Toronto, and London. The company's global presence allows it to work with artists, songwriters, and publishers across various genres and territories.
Reservoir operates in three main areas of the music industry: music publishing, recorded music, and production music. In music publishing, the company has a vast catalog of popular songs and represents iconic songwriters such as Billy Strayhorn, Irving Berlin, and Hoagy Carmichael. Recorded music includes a portfolio of master recordings from well-known acts such as Sheppard, Nelly Furtado, and Young Buck. Reservoir's production music library consists of original music scores and sound design for use in film, television, and advertising.
The company's business model is centered on acquiring existing music catalogs and leveraging the rights management and licensing opportunities in today's fragmented music market. In addition to acquiring copyrights, Reservoir develops and markets new content and generates revenue from digital streaming services, sync licensing, and performance royalties.
Reservoir's success in the music industry has earned the company several accolades, including being named Independent Publisher of the Year at the 2020 Music Week Awards. The company has also made various corporate acquisitions over the years to strengthen its position in the industry, including Reverb Music and Shapiro Bernstein.
In summary, Reservoir Media Inc is an independent music company that operates in the music publishing, recorded music, and production music sectors. The company has a vast catalog of popular songs, master recordings, and original music scores and generates revenue from licensing and royalty streams. With a global presence and a strategic approach to acquisitions, Reservoir continues to push the boundaries of the music industry.
Company Address: 200 Varick Street NY 10014 NY
Company Phone Number: 675-0541 Stock Exchange / Ticker: NASDAQ RSVR
|
4.34% 
63.91 %