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Reservoir Media Acquires U.K. Dance Label New State, Growing Its Recorded Catalog Nearly 40% in the Process
//media-entertainment.news-articles.net/content/ .. s-recorded-catalog-nearly-40-in-the-process.html
Published in Media and Entertainment on Wednesday, February 19th 2025 at 21:24 GMT by MSN
Published in Media and Entertainment on Wednesday, February 19th 2025 at 21:24 GMT by MSN
- Reservoir Media has officially scooped up New State, including the U.K. dance label's over 13,000-track recorded catalog. New York City-headquartered Reservoir disclosed the acquisition today, as multiple song-rights investors continue to zero in on electronic and dance IP.
Reservoir Media has significantly expanded its recorded music catalog by acquiring New State Entertainment, a prominent U.K. dance music label. This acquisition increases Reservoir's recorded catalog by nearly 40%, adding over 1,000 tracks to its collection. New State, known for its contributions to the dance music scene since 2006, includes hits like "Pjanoo" by Eric Prydz and "I Remember" by Deadmau5 and Kaskade. The deal also brings in a roster of influential artists such as Deadmau5, Axwell, and Steve Angello, enhancing Reservoir's presence in the electronic music genre. This strategic move not only broadens Reservoir's music offerings but also aligns with its goal to grow its market share in the global music industry.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/news/reservoir-media-acquires-u-k-dance-label-new-state-growing-its-recorded-catalog-nearly-40-in-the-process/ar-AA1zo1oo ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/news/reservoir-media-acquires-u-k-dance-label-new-state-growing-its-recorded-catalog-nearly-40-in-the-process/ar-AA1zo1oo ]
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