Reservoir Media announced a new publishing deal with Grammy and Juno award-winning singer-songwriter k.d. lang. This agreement encompasses her future works and a partial catalog of her existing compositions. The deal strengthens Reservoir's music publishing segment.
K.D. Lang is recognized for her significant contributions to music, including eight Juno Awards and four Grammy awards. Her catalog is expected to generate royalties from digital streaming, public performance, and synchronization licensing. This aligns with Reservoir's value enhancement capabilities.
This acquisition reflects Reservoir Media's strategy of signing and developing active songwriters and artists while also acquiring high-quality music catalogs. Such deals contribute to the company's diverse portfolio and its ability to drive organic growth. The company aims to maximize revenue from its assets through active management.
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