RM

Reservoir Media

RSVR
NASDAQCommunication Services
$9.58
USD
-0.23(-2.34%)
At close: Apr 30, 18:13 UTC
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$9.58

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$9.58

High

$9.58

Low

$9.58

Market Snapshot

Market Cap

$643.42M

P/E Ratio

98.0

EPS

0.12

Revenue

$156.43M

Employees

100

Why RSVR moved

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About

Reservoir Media, Inc. engages in the provision of music publishing services. The company is headquartered in New York City, New York and currently employs 100 full-time employees. The company went IPO on 2020-12-11. The firm operates a music publishing business, a recorded music business, a management business and a rights management entity in the Middle East. Operations of the Music Publishing segment involve the acquisition of interests in music catalogs from which royalties are earned as well as signing songwriters to exclusive agreements which give the Company an interest in the future delivery of songs. Operations of the Recorded Music segment involve the acquisition of sound recording catalogs as well as the discovery and development of recording artists and the marketing, distribution, sale and licensing of the music catalog. The publishing catalog includes historic compositions written and performed by greats like Joni Mitchell, The Isley Brothers, Sonny Rollins, Louis Prima, and John Denver. The Recorded Music business includes Chrysalis Records LTD (Chrysalis Records), Tommy Boy Music (Tommy Boy) and Reservoir Recordings.

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