Reservoir Strikes Deal With Country Supergroup Alabama
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Thursday, August 26, 2021
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NEW YORK, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir), an award-winning independent music company, has struck a deal with country supergroup Alabama for the groups interest in its recorded music rights catalog.
Key Points:
- NEW YORK, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (Reservoir), an award-winning independent music company, has struck a deal with country supergroup Alabama for the groups interest in its recorded music rights catalog.
- Cousins Randy Owen, Teddy Gentry, and Jeff Cook formed Alabama in Fort Payne, Alabama in 1969, originally performing under the name Wildcountry.
- To date, the group have sold over 75 million albums and count 11 #1 Billboard Country albums and 33 #1 Billboard Country singles to their name.
- Reservoir EVP of Creative, John Ozier said, Alabama is hands down the most successful band in Country music history.