Reservoir wants to spend $100m on music rights this year. It says deal flow – and multiples – aren’t slowing down just yet.

Reservoir Media spent $224 million on acquisitions of music rights in its previous financial year (to end of March 2022). The US-based firm is now aiming to spend another $100 million on “strategic M&A” this FY – and says wider macroeconomic concerns aren’t hampering its goal.

Source: Reservoir wants to spend $100m on music rights this year. It says deal flow – and multiples – aren’t slowing down just yet.