Reservoir Media, Inc. (NASDAQ: RSVR) is an independent music company headquartered in New York City, with additional offices in Los Angeles, Nashville, Toronto, London, Abu Dhabi, and Mumbai. Founded in 2007 by Golnar Khosrowshahi, Reservoir has grown into a significant entity in the music industry, representing over 150,000 copyrights and 36,000 master recordings. The company's mission is to support and develop songwriters and artists, providing comprehensive services in music publishing, recorded music, and artist management. Reservoir's catalog spans historic compositions by artists like Joni Mitchell and John Denver, as well as contemporary hits performed by Lady Gaga, Bruno Mars, and Cardi B.
Strategically, Reservoir focuses on expanding its music publishing and recorded music segments through the acquisition of music catalogs and the signing of songwriters and artists. The company leverages its global presence to tap into diverse markets, aiming to enhance its portfolio and market share. Reservoir's operations are divided into two primary segments: Music Publishing, which involves acquiring interests in music catalogs and signing songwriters, and Recorded Music, which focuses on acquiring sound recording catalogs and developing recording artists.
As of June 2025, Reservoir Media's stock price is $7.49, with a market capitalization of approximately $487 million. The company reported revenues of $147 million for the trailing twelve months ending June 30, 2024. Reservoir's financial strategy includes leveraging its assets to fund acquisitions and expand its catalog, aiming to drive long-term growth and shareholder value.
Reservoir's growth strategy includes the continuous development of its music catalog through strategic acquisitions and partnerships. The company has acquired rights to compositions by renowned artists and composers, including Hans Zimmer's film scores for "The Lion King" and "Gladiator." Reservoir also represents recorded music through labels like Chrysalis Records and Tommy Boy Music, and manages artists via ventures with Blue Raincoat Music and Big Life Management.
Reservoir's technological platform includes proprietary systems for catalog management, royalty processing, and data analytics. The company employs advanced data analytics to monitor market trends, track song performance, and identify potential acquisition targets. Reservoir's commitment to innovation is evident in its adoption of AI-driven tools for music discovery and rights management, enhancing its ability to serve artists and songwriters effectively.
The leadership team at Reservoir Media is spearheaded by Founder and CEO Golnar Khosrowshahi, who established the company in 2007. Under her guidance, Reservoir has expanded its global footprint and diversified its portfolio. President and COO Rell Lafargue, who joined the company in 2013, oversees daily operations and strategic initiatives. CFO Jim Heindlmeyer, appointed in 2021, manages the company's financial strategy and reporting.
Reservoir operates in a competitive landscape alongside other independent music companies and major labels. Key competitors include Concord Music Group, Kobalt Music Group, and Primary Wave Music. The global music publishing market is experiencing growth, driven by increasing music consumption across digital platforms and the rising value of music rights. Reservoir's focus on catalog acquisition and artist development positions it to capitalize on these industry trends.
Reservoir has established significant collaborations and partnerships to strengthen its market position. The company has a partnership with PopArabia, founded by Spek, who serves as Reservoir's EVP of International & Emerging Markets. This partnership has expanded Reservoir's presence in the Middle East and North Africa region.
Reservoir's strategic considerations include differentiating itself through a diverse and high-quality catalog, a global presence, and a commitment to artist development. The company's focus on both legacy and contemporary music allows it to appeal to a broad audience and adapt to changing market dynamics.
Looking ahead, Reservoir aims to continue its growth through strategic acquisitions, expansion into emerging markets, and leveraging technology to enhance its services. The company's strong foundation and strategic initiatives position it to capitalize on opportunities in the evolving music industry landscape.
For more information, visit Reservoir Media's official website.