Reservoir Extends Deal With Award-Winning Hit Songwriter Ali Tamposi
March 07 2022 - 8:00AM
Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the
“Company”), an award-winning independent music company, announced a
new deal with award-winning hit songwriter, Ali Tamposi, who
has been represented by the Company since 2017. The deal
demonstrates Reservoir’s ongoing commitment to developing its
talented roster of active songwriters. Under the extended
partnership, Reservoir will continue to publish Tamposi’s
hit-driven catalog, as well as her future works.
To date, Tamposi’s smash collaborations have amassed over 50
billion global streams. Additionally, as one of the most
sought-after songwriters in the industry, she has built an
impressive catalog of RIAA-certified hits. In 2021, she earned the
distinguished Diamond certification for her 2017 smash hit co-write
“Havana” by Camila Cabello featuring Young Thug, which earned 10
million units or equivalent streams in the U.S. Notably, “Havana”
is one of six co-writes by Tamposi that has surpassed one billion
streams on Spotify, joined by “Señorita” by Shawn Mendes and Camila
Cabello, “Youngblood” by 5 Seconds of Summer, “It Ain’t Me” by Kygo
with 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 her 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 Pop Vocal Album and the
top BRIT Award for Mastercard Album of the Year for Future
Nostalgia by Dua Lipa, which features her Platinum-selling co-write
“Break My Heart.” For the upcoming 64th Annual Grammy Awards, Ali
earned her fourth and fifth nominations in the last three years for
her collaborations off Justin Bieber’s Justice. Additionally, both
Future Nostalgia and Justice landed on Billboard’s 2021 year-end
Top 200 Albums chart, as did three other albums featuring Tamposi
co-writes: Plastic Hearts by Miley Cyrus, Invasion of Privacy by
Cardi B, and Love Goes by Sam Smith.
Based in Los Angeles, Tamposi first rose to international
acclaim for co-writing Kelly Clarkson’s 7x multi-Platinum single
“Stronger (What Doesn’t Kill You),” which went to #1 on a dozen
Billboard charts upon release and earned nominations for Record of
the Year, Song of the Year, and Best Pop Solo Performance at the
Grammys.
Outside of her creative collaborations with global superstars,
Tamposi devotes herself to the industry in myriad other ways. In
2019, she founded the Creative Waves Foundation, which offers
financial support for young artists to access music education and
resources, helping to eliminate financial barriers young artists
and songwriters might face. Furthering her endeavors supporting
music education, in 2021 she co-created Song Start, an interactive,
digital learning experience housed on Spotify’s Noteable
platform, which focuses on topics from songwriting and music
production to maintaining mental health in the industry.
On the deal Tamposi said, “I’m happy to announce my continued
partnership with Reservoir. It’s reassuring as a writer to
know that you’re supported by a team of executive and
administrative professionals who have your back, and Reservoir
regularly exceeds that high standard. If the past is any indication
of the future, then this wonderful family of relationships
Reservoir has cultivated will continue to help me expand both
professionally and personally. Thanks to their overwhelming support
and inspirational leadership, I look forward to our continued
success.”
“Ali has written some of the most popular songs in the world,”
added Reservoir EVP, Global Creative Director Donna Caseine. “Her
creativity, friendship, and generosity are boundless.
Professionally, Ali consistently creates music that defines the
very pinnacle of success in music, and personally, she gives back
to all those around her. We are so proud of all she has
achieved. It is an honor and a joy to be a part of her team,
and we look forward to the journey ahead.”
Reservoir Founder and CEO Golnar Khosrowshahi said, “We have
built a fantastic relationship with Ali since welcoming her into
the Reservoir family five years ago. All she has accomplished
demonstrates the value of investing in our songwriters. We are
thrilled to enter this new chapter in our partnership with Ali and
continue to invest in her future success.”
ABOUT RESERVOIR
Reservoir is an independent music company based
in New York City and with offices in Los Angeles, Nashville,
Toronto, London, and Abu Dhabi. Reservoir is the first U.S.-based
publicly traded independent music company and the first female
founded and led publicly traded music company in the U.S. Founded
as a family-owned music publisher in 2007, Reservoir has grown to
represent over 140,000 copyrights and 36,000 master recordings with
titles dating as far back as 1900 and hundreds of #1 releases
worldwide. Reservoir holds a regular Top 10 U.S. Market Share
according to Billboard’s Publishers Quarterly, was twice named
Publisher of the Year by Music Business Worldwide’s The A&R
Awards, and won Independent Publisher of the Year at the 2020 Music
Week Awards.
Reservoir also represents a multitude of
recorded music through Chrysalis Records, Tommy Boy Records, and
Philly Groove Records and manages artists through its ventures with
Blue Raincoat Music and Big Life Management.
Source: Reservoir Media, Inc.
Media Contact
Reservoir Media, Inc.
Suzy Arrabito
Vice President, Marketing & Communications
sa@reservoir-media.com
www.reservoir-media.com
Investor Contact
Alpha IR Group
Jackie Marcus or David Freund
RSVR@alpha-ir.com
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