Reservoir has acquired the groundbreaking New York-based hip-hop and electronic label Tommy Boy Music. The deal comprises more than 6,000 masters, including such iconic hits from the ‘80s and early…
has acquired the groundbreaking New York-based hip-hop and electronic label Tommy Boy Music. The deal comprises more than 6,000 masters, including such iconic hits from the ‘80s and early ‘90s as Coolio’s “Gangsta’s Paradise,” House of Pain’s “Jump Around,” and Afrika Bambaataa & The Soulsonic Force’s “Planet Rock.”
Tommy Boy, founded in 1981 by executive Tom Silverman with a $5,000 loan from his parents, was one of the pioneering labels of the then-new hip-hop genre, and made its mark quickly with “Planet Rock,” Bronx DJ Afrika Bambaataa’s innovative fusion of Kraftwerk with a rapping and a quick, pinging beat; the song became a staple of New York’s discos of the era.
Its holdings also include the catalogs of Amherst Records, Harlem Music, and Halwill Music, which hold masters and publishing rights for a diverse collection of ‘70s soul, disco and jazz artists including the Stylistics, Van McCoy, and Glenn Medeiros. Tommy Boy Music joins Chrysalis Records, augmenting Reservoir’s recorded music division and building on the company’s commitment to upholding legacies and supporting great independent music. Reservoir will continue to market the catalog under the Tommy Boy label out of Reservoir’s New York City headquarters with A&R and Creative led by Reservoir EVP Faith Newman and international marketing and distribution driven by Reservoir’s Chrysalis Records team in London.
This news comes following the announcement that Reservoir has entered into an agreement with Roth CH Acquisition II Co. , a special purpose acquisition company, taking the first step toward becoming a publicly traded company listed on the Nasdaq.
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