Chrysalis Records

Reservoir Media Announces Third Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, February 7, 2024

NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the third fiscal quarter of 2024 ended December 31, 2023.

Key Points: 
  • We are raising our guidance ranges for both revenue and adjusted EBITDA for the 2024 fiscal year to incorporate our strong third quarter performance.”
    Reservoir is hosting a conference call for analysts and investors to discuss its financial results for the third quarter for fiscal year ended March 31, 2024, and its business outlook at 10:00 a.m.
  • The conference call can be accessed via webcast in the investor relations section of the Company’s website at https://investors.reservoir-media.com/news-and-events/events-and-present... .
  • Reservoir is an independent music company based in New York City and with offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi.
  • Reservoir is the first female-founded and led publicly traded independent music company in the U.S.

Reservoir Celebrates De La Soul’s Catalog, Out Now on All Streaming Platforms

Retrieved on: 
Friday, March 3, 2023

This momentous release stems from Reservoir’s 2021 acquisition of legendary independent hip-hop label Tommy Boy Music.

Key Points: 
  • This momentous release stems from Reservoir’s 2021 acquisition of legendary independent hip-hop label Tommy Boy Music.
  • In addition to the digital albums, De La Soul is also releasing exclusive merchandise, vinyl, CDs, and cassettes, all distributed by Chrysalis Records, now available for purchase and pre-order on wearedelasoul.com.
  • De La Soul said, “Today is bittersweet, finally celebrating our music on streaming, but missing Dave.
  • This is a long-awaited moment for fans, and we’re honored to help cultivate a new generation of De La Soul listeners.”

Reservoir Brings De La Soul’s Iconic Catalog to Streaming Platforms

Retrieved on: 
Tuesday, January 3, 2023

In 2021, Reservoir secured De La Soul’s back catalog through the Company’s acquisition of legendary independent hip-hop label Tommy Boy Music.

Key Points: 
  • In 2021, Reservoir secured De La Soul’s back catalog through the Company’s acquisition of legendary independent hip-hop label Tommy Boy Music.
  • The Reservoir and Chrysalis teams have since worked with De La Soul, and their record label, AOI, to bring their music to digital streaming services.
  • To celebrate the momentous initiative, De La Soul will digitally release their hit single “The Magic Number” on January 13, 2023.
  • De La Soul subsequently released eight albums, including Gold-selling De La Soul is Dead and And the Anonymous Nobody… (2016).

Reservoir Media to Release Second Quarter Fiscal Year 2023 Results on November 8, 2022

Retrieved on: 
Tuesday, October 25, 2022

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, today announced that it will release financial results for the second fiscal quarter ended September 30, 2022, before market open on Tuesday, November 8, 2022.

Key Points: 
  • NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, today announced that it will release financial results for the second fiscal quarter ended September 30, 2022, before market open on Tuesday, November 8, 2022.
  • Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Standard Time the same day.
  • A live audio webcast of Reservoirs second fiscal quarter results discussion will be accessible under the Events and Presentations section of the Companys Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-present... .
  • Reservoir is an independent music company based in New York City and with offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi.

Reservoir Media, Inc. to Present at Sidoti Virtual Investment Conference on September 21

Retrieved on: 
Tuesday, September 20, 2022

NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, today announced that Golnar Khosrowshahi, Chief Executive Officer, and Jim Heindlmeyer, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti September Virtual Investment Conference, taking place on September 21, 2022.

Key Points: 
  • NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, today announced that Golnar Khosrowshahi, Chief Executive Officer, and Jim Heindlmeyer, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti September Virtual Investment Conference, taking place on September 21, 2022.
  • Reservoirs group presentation will begin at 3:15 p.m. Eastern Daylight Time.
  • Reservoir is the first female-founded and led publicly traded independent music company in the U.S.
  • Founded as a family-owned music publisher in 2007, Reservoir has grown to represent over 140,000 copyrights and 36,000 master recordings with titles dating as far back as 1900 and hundreds of #1 releases worldwide.

Reservoir Commends Landmark Mechanical Streaming Royalty Rates Settlement

Retrieved on: 
Thursday, September 1, 2022

The settlement has established the highest mechanical streaming royalty rates in the history of streaming music anywhere in the world.

Key Points: 
  • The settlement has established the highest mechanical streaming royalty rates in the history of streaming music anywhere in the world.
  • Historically, every five years the CRB sets the mechanical streaming royalty rates to be paid to songwriters and publishers.
  • In addition to the increased mechanical streaming royalty rates, the settlement addresses several other terms from CRB IV.
  • Each facet of the settlement provides important safeguards for songwriters and publishers in the context of the dynamic streaming industry.

Reservoir Media, Inc. to Host Virtual Town Hall Event With NMPA President and CEO David Israelite

Retrieved on: 
Thursday, August 18, 2022

At the end of the event, there will be time allotted for a question and answer session where attendees will be permitted to submit questions online.

Key Points: 
  • At the end of the event, there will be time allotted for a question and answer session where attendees will be permitted to submit questions online.
  • The event will be held on Thursday, August 25th at 4:00 p.m. Eastern Daylight Time.
  • Reservoir is an independent music company based in New York City and with offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi.
  • Reservoir is the first female-founded and led publicly traded independent music company in the U.S.

Reservoir Media Releases Its Inaugural ESG Report

Retrieved on: 
Friday, July 29, 2022

NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, today issued its inaugural Environmental, Social, and Governance (ESG) Report , which details the Companys global ESG objectives and progress made against those objectives, and reinforces the Companys strong commitment to corporate social responsibility.

Key Points: 
  • NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, today issued its inaugural Environmental, Social, and Governance (ESG) Report , which details the Companys global ESG objectives and progress made against those objectives, and reinforces the Companys strong commitment to corporate social responsibility.
  • Highlights from the report include:
    The majority of Reservoirs assets are held digitally, with only 9% of our total revenue generated from physical product.
  • Reservoir is an independent music company based in New York City and with offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi.
  • Reservoir is the first female-founded and led publicly traded independent music company in the U.S.

Reservoir Announces New Deal With Rock and Roll Hall of Fame Drummer Matt Sorum

Retrieved on: 
Tuesday, July 26, 2022

NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced a new deal with Rock and Roll Hall of Fame member Matt Sorum. The deal includes the acquisition of his publishing and recorded music rights catalogs, as well as publishing rights for his future works.

Key Points: 
  • NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, todayannounced a new deal with Rock and Roll Hall of Fame member Matt Sorum.
  • In 1990, Guns N Roses lead guitarist Slash asked Sorum to take over as drummer for the band from then to 1997.
  • The bands classic lineup, including Sorum, was inducted into the Rock and Roll Hall of Fame in 2012.
  • On the deal, Sorum said, I am very pleased to enter into this relationship with Reservoir.

Reservoir Media to Release First Quarter Fiscal Year 2023 Results on August 5, 2022

Retrieved on: 
Monday, July 25, 2022

NEW YORK, July 25, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, today announced that it will release financial results for the first fiscal quarter ended June 30, 2022, before market open on Friday, August 5, 2022.

Key Points: 
  • NEW YORK, July 25, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir or the Company), an award-winning independent music company, today announced that it will release financial results for the first fiscal quarter ended June 30, 2022, before market open on Friday, August 5, 2022.
  • Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time the same day.
  • Reservoir is an independent music company based in New York City and with offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi.
  • Reservoir is the first female-founded and led publicly traded independent music company in the U.S.