Reservoir Media, Inc. (RSVR)
Reservoir Media, Inc. operates in the Entertainment industry of the Communication Services sector, headquartered in New York City, NY, US. The stock last traded at $9.83, down 0.71% on the session, giving a market capitalisation of $647.0M. On trailing twelve-month figures it carries a trailing P/E of -7.67, a net margin of 4.9%. Its beta of 0.75 implies it has historically moved less than the broad market.
Reservoir Media, Inc. is a company dedicated to managing music rights, structured into two core divisions: Music Publishing and Recorded Music. The Music Publishing segment focuses on acquiring ownership interests in existing musical catalogs and forging agreements with songwriters. Conversely, the Recorded Music division is engaged in procuring sound recording catalogs, discovering and cultivating new recording artists, and then overseeing the marketing, distribution, sales, and licensing of these acquired music assets. The firm was established in 2007, with its primary operations based in New York City. Reservoir Media, Inc. operates as a subsidiary of Reservoir Holdings, Inc.
Reservoir Media, Inc. is most often compared with the following Communication Services names: