Reservoir Media has acquired the publishing and recorded music catalog of country singer-songwriter Travis Tritt.
The deal inked with Tritt includes shares of Tritt’s entire body of work, up to his most recent album – Set In Stone. Travis Tritt has seven Platinum-certified albums with more than 30 million career album sales. Tritt released his debut LP, Country Club, in 1990, which included the #1 single “Help Me Hold On.”
His song “The Whiskey Ain’t Workin'” earned the singer his first Grammy Award in 1992 for Best Country Collaboration with Vocals. Tritt won a second Grammy Award in 1999 in the same category with “Same Old Train” in collaboration with Marty Stuart and others.
“Travis is a pillar of the ’90s country movement, and his influence continues to impact the genre and its chart resurgence today,” says John Ozier, Executive Vice President of Creative for Resevoir. “The Reservoir team is so happy to be supporting both his publishing and master recordings, and building on our foundation of COuntry catalog classics with more of the genre’s biggest songs.”
The acquisition of Travis Tritt’s catalog comes just weeks after Reservoir acquired the publishing catalog of Fred Rister.
The team at Reservoir worked closely with Rister’s widow and representative on the deal. “We are honored to have the opportunity to safeguard his catalog and help ensure his remarkable legacy endures,” said Founder and CEO Golnar Khosrowshahi.
The company was listed on NASDAQ in July 2021 as part of a special acquisition merger to be known as Reservoir Media Inc. Reservoir generated total revenues of $30.4 million in Q3 2021, an increase of 45% compared to the $21 million generated in Q2 2021. The company has grown to represent 130,000 copyrights and 26,000 master recordings with titles dating as far back as 1900.
Reservoir owns the copyrights to songs recorded by The Beatles, Frank Sinatra, Ella Fitzgerald, Judy Garland, Michael Jackson, Edith Piaf, Patsy Cline, Bob Dylan, Carly Simon, Elton John, and many more artists.
I don’t get where the value is seen in artists that sold lots of records but way in the past. Just another bubble racket.
Way to admit you don’t understand the music business. What are you even going here?
You should really be detecting yourself with that comment. What a moron you are.