RSVR News & Events

Reservoir Media announced a new deal with film composer Hans Zimmer. Since 2015, Reservoir's collection of film music has included rights to numerous scores created by Zimmer, and under the new deal the Company will administer Zimmer's catalog through his company, Remote Control Publishing. Zimmer has scored more than 200 projects across all mediums, which combined have grossed more than $30 billion at the worldwide box office. The German-born composer is particularly renowned for his innovative film scores. Zimmer has penned music for a myriad of acclaimed films, such as The Dark Knight trilogy, Gladiator, Inception, The Lion King, several of The Pirates of the Caribbean films, Dune, Dunkirk, Interstellar, and many more. His music has earned him countless industry honors, including two Academy Awards, three Golden Globes, five Grammy Awards, and a star on the Hollywood Walk of Fame. Zimmer's music has also transcended the silver screen with his live orchestral tours, which have brought his scores to life for even broader audiences across the globe.

According to a filing, on March 3, Richmond Hill and Wesbild jointly submitted to the board of directors a preliminary non-binding proposal to acquire all of the outstanding shares of Common Stock of Reservoir Media that are not already owned by the Investors or certain of their respective affiliates in a going private transaction. "Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per share, representing an approximately 39% premium over the closing price of the Issuer's Common Stock on February 25, 2026, the trading day immediately prior to the day that the Issuer's receipt of an unsolicited acquisition offer was first publicly reported, and approximately 41% over the 90-day volume-weighted average trading price of the Issuer's Common Stock."