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Stock impact report

Reservoir Announces New Deal With Rock and Roll Hall of Fame Drummer Matt Sorum

Reservoir Media, Inc.. (RSVR) 
Company Research Source: GlobeNewswire
Acquires Sorum’s Publishing & Recorded Music Rights Catalogs and Announces a New Publishing Deal for Future Works NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced a new deal with Rock and Roll Hall of Fame member Matt Sorum. The deal includes the acquisition of his publishing and recorded music rights catalogs, as well as publishing rights for his future works. Throughout his decades-long career, Sorum has been revered as the drummer providing the driving beat for countless legendary rock bands, including Guns N’ Roses, Velvet Revolver, and The Cult. In 1990, Guns N’ Roses’ lead guitarist Slash asked Sorum to take over as drummer for the band from then to 1997. He took part in recording and releasing the double album Use Your Illusion I and Use Your Illusion II in 1991, and the group’s subsequent album, The Spaghetti Incident, in 1993. These albums include ic Show less Read more
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