Reservoir Media has introduced its newest music rights deal. The New York-headquartered firm stated on Thursday (October 10) that it has acquired the producer royalties to the catalog of Grammy-winning American document producer Jack Douglas.
The acquisition consists of hits by Aerosmith and Low cost Trick.
Reservoir describes Douglas’ catalog as “a cornerstone of rock music historical past”.
He has been acknowledged with a number of lifetime achievement awards, together with for the LA Music Corridor of Fame, the Sarasota Movie Competition, and the Institute of Audio Analysis.
Born within the Bronx, New York Metropolis, Douglas started his music profession on the Institute of Audio Analysis earlier than engineering and/or producing on tasks by Miles Davis, Alice Cooper, Low cost Trick, Patti Smith, Supertramp, and Montrose, amongst others.
In 1971, Douglas helped engineer The Who’s Who’s Subsequent and was one of many engineers on John Lennon’s second solo album, Think about, that includes the long-lasting title monitor Think about.
Douglas additionally labored with the opposite three Beatles throughout his profession.
Douglas spent the vast majority of the Nineteen Seventies centered on manufacturing, significantly taking part in an important function in lots of Aerosmith’s most profitable albums. He notably produced 3x-Platinum Get Your Wings (1974), 9x-Platinum Toys within the Attic (1975), 4x-Platinum Rocks (1976), and 2x-Platinum Draw the Line (1977).
Each Toys within the Attic and Rocks rank on Rolling Stone’s listing of The five hundred Best Albums of All Time. Within the Eighties, Douglas additionally collaborated with John Lennon and Yoko Ono, producing the duo’s Grammy Award-winning Album of the 12 months Double Fantasy and Grammy-nominated (File Of The 12 months) nominated single off the album (Simply Like) Beginning Over, in addition to Yoko Ono’s Grammy-nominated (Finest Rock Vocal Efficiency, Feminine) Strolling on Skinny Ice.
Within the mid-2000s, Douglas reunited with Aerosmith to work on further tasks with the band, together with 2004’s Gold-selling Honkin’ on Bobo and 2012’s Music from One other Dimension!
“Jack Douglas is a legendary producer who crafted among the most iconic and sonically highly effective rock data over the previous 50 years.”
Rell Lafargue, Reservoir
Reservoir President and Chief Working Officer Rell Lafargue stated: “Jack Douglas is a legendary producer who crafted among the most iconic and sonically highly effective rock data over the previous 50 years.
“We’re honored to now signify titles from his extraordinary physique of labor, which can proceed to be performed and revered for the following 50 and past.”
He added: “With Jack’s music now becoming a member of Reservoir, we’re additional solidifying our illustration in iconic rock.”
This marks the newest deal for Reservoir Media. Final month the corporate acquired the publishing rights to the catalog of the late songwriter and guitarist Billy Unusual.
Different notable acquisitions embrace the catalogs of rock artist Greg Kihn, members of the R&B group The Spinners, saxophonist Sonny Rollins, and songwriter Louis Prima.
Reservoir’s continued funding in iconic catalogs has contributed to its sturdy monetary efficiency. Within the first quarter of fiscal 2025, the corporate reported an 8% year-over-year enhance in income to $34.3 million. Publishing income, which accounted for $24 million of the entire, noticed a 15% year-over-year rise, pushed by catalog acquisitions and elevated streaming income.
In an investor factsheet launched earlier this calendar yr, Reservoir stated it had spent almost $1 billion on catalog acquisitions and signings because it launched in 2007.
Music Enterprise Worldwide
