'Reservoir And Poparabia Announce New Publishing Deal With Arab Icon Nancy Ajram's In2Musica' - Reservoir Media
Portfolio Pulse from Benzinga Newsdesk
Reservoir Media, Inc. (RSVR) has announced a new publishing deal with In2Musica, which holds the rights to the catalog of Arab music icon Nancy Ajram. The deal, made through Reservoir's joint venture with PopArabia, aims to expand the reach of Ajram's music by leveraging Reservoir's global network. This partnership underscores Reservoir's commitment to diversifying its portfolio and enhancing its presence in the Middle Eastern music market.
January 10, 2024 | 1:31 pm
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Reservoir Media's new publishing deal with In2Musica for Nancy Ajram's catalog could potentially increase the company's revenue streams and market presence in the Middle East.
The deal with In2Musica is directly related to Reservoir Media's core business of music publishing and is expected to have a positive impact on the company's revenue and strategic market expansion. The partnership with a renowned artist like Nancy Ajram could enhance Reservoir's portfolio and attract new business, leading to a likely increase in stock price in the short term.
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