Reservoir Media NASDAQ: RSVR stockholders elected three Class II directors, ratified the appointment of Deloitte & Touche LLP as the company's auditor and approved executive compensation on an advisory basis at the company's 2026 annual meeting.
Reservoir Media, Inc. (RSVR) Q1 2027 Earnings Call Transcript
Reservoir Media NASDAQ: RSVR opened fiscal 2027 with revenue growth across its music publishing and recorded music operations, while reaffirming its full-year financial outlook and highlighting new investments in Latin music, artist development and catalog acquisitions.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 4 | $36.82 | $37.88 | $1.06 | 2.88% |
Joseph Castro Nuveen LLC | 37,213 | $284,262.27 | $350,918.59 | $66,656.32 | 23.45% |
Josh Brodman Irenic Capital Management LP | 6.26M | $44.14M | $58.91M | $14.77M | 33.47% |
Hui Fai Tam Caitong International Asset Management Co. Ltd. | 8 | $78.22 | $75.76 | -$2.46 | -3.14% |
Kevin Kroskey True Wealth Design LLC | 6 | $48.63 | $56.82 | $8.19 | 16.84% |
| Entertainment Industry | Communication Services Sector | Golnar Khosrowshahi CEO | NASDAQ (NMS) Exchange | 76119X105 CUSIP |
| US Country | 100 Employees | - Last Dividend | - Last Split | 5 Jan 2021 IPO Date |
Founded in 2007, Reservoir Media, Inc. positions itself at the forefront of the music industry, operating as a multifaceted music publishing company. With its headquarters nestled in the bustling cultural hub of New York, New York, Reservoir Media leads with a dual-segment approach, concentrating on Music Publishing and Recorded Music. This strategy allows the company to not only acquire and manage interests in a diverse array of music catalogs but also to actively engage in the discover and development of emerging recording artists. Through these complementary segments, Reservoir Media bridges the gap between songwriters and recording artists, ensuring a holistic approach to music production, distribution, and marketing.
Reservoir Media, Inc. distinguishes itself through a wide range of products and services geared towards the dynamic needs of the music industry:
This segment is at the heart of Reservoir Media’s operations, focusing on the acquisition of interests in music catalogs and the signing of songwriters. It plays a crucial role in securing the rights to a diverse array of musical works, ensuring that both classic hits and contemporary compositions are aptly represented and managed. Through strategic partnerships and agreements, Reservoir Media seeks to enhance the value and reach of its music publishing assets.
Encompassing the acquisition of sound recording catalogs, the discovery and development of recording artists, and the marketing, distribution, sale, and licensing of music catalogs, the Recorded Music segment is designed to cater to the evolving landscape of the music industry. From identifying and nurturing new talent to reviving and reimagining classic records, this division underscores Reservoir Media’s commitment to bringing diverse musical offerings to a global audience. The concerted efforts in marketing and distribution ensure that the artists and their works receive the visibility and platform they deserve.