RSVRNasdaqServices-Amusement & Recreation ServicesUS GAAP · USD

Reservoir Media, Inc.

Reservoir Media, Inc. is a U.S.-based independent music company organized around music publishing and recorded music. Through its subsidiaries, it owns and administers copyrights, master recordings, and related music rights across a catalog that spans early 20th-century works to contemporary releases, and it also operates artist management and Middle East rights-management businesses.

Liikevaihto176milj. USD
+10,7 %v/v
Liikevoitto (EBIT)38,2milj. USD
+9,0 %v/v
EBIT-marginaali21,8%
−0,3 %-yks.v/v
Nettotulos8,3milj. USD
+7,1 %v/v
Vapaa kassavirta49,7milj. USD
+9,9 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

050100150200milj. USD2021: 80 milj. USD2021: EBIT 18 milj. USD20212022: 108 milj. USD2022: EBIT 19 milj. USD20222023: 122 milj. USD2023: EBIT 21 milj. USD20232024: 145 milj. USD2024: EBIT 25 milj. USD20242025: 159 milj. USD2025: EBIT 35 milj. USD20252026: 176 milj. USD2026: EBIT 38 milj. USD202617638
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Music Publishing68 %

Ownership, administration, and monetization of song copyrights and writer royalties.

Recorded Music29 %

Ownership, licensing, and distribution of master recordings and related catalog products.

Artist Management3 %

Management services for artists and related talent representation activities.

Asiakkaat

Reservoir sells and licenses music rights to digital music services, broadcasters, and other media platforms, while also distributing recorded music through retail and wholesale channels. Its customers include streaming services, radio services, fitness platforms, social media outlets, distributors, and retailers that use the company’s catalogs to attract listeners and generate usage-based revenue. The business also works with songwriters, recording artists, and catalog sellers on the supply side, since those relationships determine what rights Reservoir can monetize.

Digital music services

Streaming and download platforms such as Spotify, Apple, Amazon, YouTube, and Tencent that license Reservoir's music for access and usage-based monetization.

Physical and wholesale distributors

Retailers and distributors that buy CDs, vinyl, and other physical recorded music products for resale.

Media and platform licensees

Radio, fitness, and social media platforms that use licensed music in their services and content ecosystems.

Artists, songwriters, and catalog owners

Rights holders who sign publishing, recording, management, or catalog transactions with Reservoir.

Strategia

Reservoir's strategy centers on acquiring and managing music catalogs, expanding its roster of songwriters and artists, and monetizing rights across both publishing and recorded music. The company also emphasizes digital distribution, international expansion, and selective growth in management and Middle East rights businesses to broaden its revenue base and catalog reach.

Catalog acquisitionKeskipitkä aikaväli

Catalogs create recurring royalty streams and deepen the rights base.

Digital growthLyhyt aikaväli

Streaming and digital licenses broaden reach and improve monetization.

International expansionKeskipitkä aikaväli

Global rights monetization reduces dependence on any single market.

Full-service music platformPitkä aikaväli

Publishing, recorded music, and management services can cross-sell rights opportunities.

Maantiede

Q2/2026

Reservoir is headquartered in the United States but monetizes music rights globally through digital platforms, distributors, and international licensing partners. The company specifically highlights U.S. and international recorded music revenue, with international activity representing a substantial share of recorded music sales and licenses. It also has a rights-management presence in the Middle East and North Africa through PopArabia and related activities.

USA54 %
Other countries (US filing)46 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Reservoir faces competition for catalogs, artists, and licensing relationships, which can pressure deal economics and access to attractive rights. Its results also depend on the pace of streaming adoption, the health of the music industry, and the ability to protect copyrights against piracy, AI-related misuse, and cyber threats. Because royalties and advances are tied to usage and contract terms, changes in platform behavior, consumer listening patterns, or legal rules can materially affect revenue recognition and cash generation.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Competitive pressure in catalog and rights acquisition1Streaming and digital platform dependence2AI and copyright infringement3Cybersecurity and data protection4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Competitive pressure in catalog and rights acquisitionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company competes for songs, masters, and artist relationships in a crowded market.

    Kohdistuu: Catalog acquisitions and frontline deals

  2. Streaming and digital platform dependenceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A large share of monetization comes from digital services and their licensing terms.

    KohdistuuSpotifyAppleAmazonYouTubeTencentSimilar platforms
  3. AI and copyright infringementVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Unauthorized training or derivative use of music rights could weaken monetization and legal protection.

    Kohdistuu: Music publishing and recorded music catalogs

  4. Cybersecurity and data protectionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The business handles confidential artist, vendor, and customer information.

    Kohdistuu: Digital operations and rights administration systems

  5. Royalty advance recoverabilityVaikutus: Keskitaso

    Advances are capitalized and depend on future royalty generation to be recovered.

    Kohdistuu: Songwriter and recording artist contracts

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition for royalties and licenses

Revenue depends on usage reports, contract terms, and point-in-time vs over-time recognition.

Vaikutus: Can shift reported revenue timing across quarters

Royalty advances and recoverability

Advances to artists and songwriters are capitalized and later recovered from future royalties.

Vaikutus: Affects assets, expense timing, and impairment risk

Catalog and intangible asset valuation

Acquired music rights require valuation assumptions and may be subject to impairment.

Vaikutus: Can materially affect carrying values and earnings

Seasonality and revenue mix

Digital monetization is less seasonal than physical sales, changing quarterly comparability.

Vaikutus: Affects quarter-to-quarter revenue and margin patterns

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026