Indie Publishing Heavyweight Reservoir Ropes Chrysalis, Blue Raincoat

Reservoir Media Management is one of the most successful music companies in the world, and the recent acquisition of Chrysalis Records’ master rights catalog is just another example of the brand’s ongoing success. The deal, which also involved Blue Raincoat Music, will add over 20,000 songs to Reservoir’s already-impressive library, which includes more than 110,000 copyrights and 26,000 song masters.

Chrysalis Records was founded in 1968 and has been home to some of the most iconic names in music, including Blondie, Billy Idol, Sinead O’Connor, and the Ramones (although Chrysalis holds the latter’s distribution rights only in the UK market). Under the terms of the deal, Reservoir will receive the master rights to the listed artists’ works, as well as those of many other musicians.

Blue Raincoat Music, a company that started as an artist management firm before transitioning to publishing, will also transfer its master tracks to Reservoir Media Management. Despite the acquisition, Blue Raincoat’s founders, Jeremy Lascelles and Robin Millar, will remain employed at the company, along with the Chrysalis team. However, co-founder Chris Wright left the company shortly after the deal was announced, and at the time of writing, he hadn’t commented on the matter publicly.

Reservoir’s success in the music industry is largely due to its ability to strike intelligent deals and make well-timed acquisitions. The company has been able to profit from an array of chart-topping hits, and deals like this one only serve to further enhance Reservoir’s capabilities and influence over the market.

But Reservoir isn’t the only company investing in master rights. Recently, Scooter Braun made headlines when he acquired Taylor Swift’s former label, Big Machine Records, for a cool $300 million. The deal includes the masters from Swift’s first six albums, much to her dismay. Hipgnosis, another master rights investment company, has also been actively acquiring song catalogs from high-profile hitmakers, with over $500 million in capital to fuel the buyouts.

The acquisition of Chrysalis Records’ master rights catalog is a significant move for Reservoir, but it’s just one of many deals that the company has made in recent years. The music industry is constantly changing, and Reservoir has shown that it’s able to adapt and thrive in this ever-evolving landscape. With its extensive library of songs and impressive roster of artists, Reservoir is poised to remain a major force in the music industry for years to come.

In conclusion, Reservoir Media Management’s acquisition of Chrysalis Records’ master rights catalog is a significant move for the company and the music industry as a whole. With its extensive library of songs and impressive roster of artists, Reservoir is well-positioned to remain a major player in the industry for years to come. The music industry is constantly evolving, and Reservoir has shown that it’s able to adapt and thrive in this ever-changing landscape. Deals like this one only serve to further enhance the brand’s capabilities and influence over the market, and it will be exciting to see what the future holds for Reservoir and the music industry as a whole.