SurvivorMedia/Entertainment
What Happened to Reservoir Media?
Ticker: RSVRSPAC Year: 2020Merger: 2021
Return
-6.1%
Current Price
$9.39
Peak Price
$11.58
Trust Size
$942M
Summary
Reservoir Media is an independent music company that owns and manages a catalog of over 150,000 copyrights across music publishing and recorded music.
What Happened
Reservoir went public in July 2021 through a merger with Roth CH Acquisition II Co at a $788 million valuation. The company has built one of the largest independent music publishing catalogs through strategic acquisitions, representing songwriters and artists across genres. As a public company, Reservoir has continued acquiring catalogs and benefiting from growth in music streaming royalties.
Timeline
2020-12-07
S-1 Registration Filed
2021-07-08
Merger Proxy Filed (DEFM14A)