Reservoir extends deal with award-winning hit songwriter

NEW YORK, March 07, 2022 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, announced a new agreement with author- hit songwriter, Ali Tamposi, who has been represented by the company since 2017. The deal demonstrates Reservoir’s continued commitment to growing its talented roster of active songwriters. As part of the extended partnership, Reservoir will continue to publish Tamposi’s best-selling catalog, as well as his future works.

To date, Tamposi’s smash collaborations have amassed over 50 billion global streams. Plus, as one of the industry’s most sought-after songwriters, she’s built an impressive catalog of RIAA-certified hits. In 2021, she earned Distinguished Diamond certification for her 2017 hit co-writing Camila Cabello’s “Havana” with Young Thug, which grossed 10 million units or equivalent streams in the United States. Notably, “Havana” is one of six Tamposi co-writes to top 1 billion streams on Spotify, joined by Shawn Mendes and Camila Cabello’s “Señorita”, 5 Seconds of Summer’s “Youngblood”, “It Ain ‘t Me” by Kygo featuring Selena Gomez, “Wolves” by Selena Gomez and Marshmello, and “Let Me Love You” by DJ Snake and Justin Bieber. Tamposi’s massively successful collaborations consistently earn Top 10 market share, as reported by Billboard’s Publishers Quarterly for Hot 100 Songs and Top Radio Airplay.

Since signing with Reservoir, Tamposi has dominated the pop genre with his catalog of hits including countless award-winning tracks and was named BMI’s Songwriter of the Year in 2019. In 2021, Tamposi contributed to the Grammy for Best Album Pop Vocal and Best BRIT Mastercard Album of the Year Award for nostalgia for the future by Dua Lipa, who features her Platinum-selling co-write “Break My Heart”. For the upcoming 64th Annual Grammy Awards, Ali earned his fourth and fifth nominations in the past three years for his collaborations with Justin Bieber. Justice. Moreover, both nostalgia for the future and Justice landed on Billboard’s Top 200 Year-End Albums 2021 chart, as did three other albums with co-writes by Tamposi: plastic hearts by Miley Cyrus Privacy breach by Cardi B, and love goes by Sam Smith.

Based in Los Angeles, Tamposi first rose to international fame for co-writing Kelly Clarkson’s 7x multi-platinum single “Stronger (What Doesn’t Kill You)”, which went to No. 1 out of a dozen of Billboard charts upon its release and earned nominations for Record of the Year, Song of the Year and Best Pop Solo Performance at the Grammys.

Outside of his creative collaborations with global superstars, Tamposi dedicates himself to the industry in multiple other ways. In 2019, she founded the Creative Waves Foundation, which provides financial support for young artists to access music education and resources, helping to break down financial barriers that young artists and songwriters might face. Continuing her efforts in music education, in 2021 she co-created Song Start, an interactive digital learning experience hosted on Spotify’s Noteable platform, which focuses on topics ranging from songwriting and from music production to maintaining sanity in the industry.

Commenting on the deal, Tamposi said, “I am pleased to announce the continuation of my partnership with Reservoir. It’s reassuring as a writer to know that you’re backed by a supportive team of executive and administrative professionals, and Reservoir routinely exceeds that high standard. If the past is any indication of the future, then this wonderful family of relationships that Reservoir has cultivated will continue to help me grow both professionally and personally. With their overwhelming support and inspiring leadership, I look forward to our continued success.

“Ali wrote some of the most popular songs in the world,” added Reservoir EVP, Global Creative Director Donna Caseine. “His creativity, his friendship and his generosity are limitless. Professionally, Ali consistently creates music that defines the pinnacle of success in music, and personally, she gives back to everyone around her. We are so proud of all she has accomplished. It is an honor and a joy to be part of his team, and we look forward to the journey ahead of us.

Reservoir Founder and CEO Golnar Khosrowshahi said, “We have built a fantastic relationship with Ali since he was welcomed into the Reservoir family five years ago. Everything she has accomplished demonstrates the value of investing in our songwriters. We are delighted to open this new chapter of our partnership with Ali and continue to invest in its future success.

ABOUT THE TANK

Reservoir is an independent music company based in New York and with offices in Los Angeles, Nashville, Toronto, London and Abu Dhabi. Reservoir is the first publicly traded independent music company in the United States and the first publicly traded music company founded and led by a woman in the United States. titles dating as far back as 1900 and hundreds of #1 releases worldwide. Reservoir holds a regular share of the Top 10 in the US market according to Billboard’s Publishers Quarterly, was twice named Publisher of the Year by Music Business Worldwide’s A&R Awards, and won Independent Publisher of the Year at the 2020 Music Week Awards.

Reservoir also represents a wealth of music recorded through Chrysalis Records, Tommy Boy Records and Philly Groove Records and manages artists through its businesses with Blue Raincoat Music and Big Life Management.

Source: Reservoir Media, Inc.


        

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