Billboard's Music & Money Dinner co-hosted by the NMPA on June 12 brought together some of the biggest names in the booming music investment market.
The concert promoter and ticketing company was featured in a segment on the German public television show ZDF Magazin Royale.
The rising cost of capital is inspiring a new crop of genre-specific funds to find opportunity in narrow genres within Latin, dance, film and TV, and… Nickelodeon?
The Billboard Global Music Index improved 1.8% this week — up 8.8% so far this year.
The music giant says the proceeds will be used to refinance existing debt and pay transaction fees and expenses.
The 17-month-old music company has also invested in Mick Management, Ashley Gorley's Tape Room, One Two Many Music and Defected Records.
"We’re not some financial firm that sits back and is waiting for the income to come in, we’re very active in management," says co-founder Lior Tibon.
CEO Golnar Khosrowshahi says Reservoir's strategy is "to become the largest holder of Arabic music copyrights."
The Billboard Global Music Index fell 1.9% this week as 15 of its 21 stocks were in negative territory.
MSG Entertainment shares were up more than 19% this week, while CTS Eventim and Live Nation were also among the best-performing stocks.
