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      "text": "GEOGRAPHY: USA 54%, EX-USA 46%",
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      "text": "REVENUE MIX: Digital 62%, Physical 21%, Synch 9%, Neighboring Rights 7%",
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      "text": "CATALOG EXAMPLES: Legacy (De La Soul, Sinéad O'Connor, Naughty by Nature, Generation X, The Delfonics) and Active Recording Artists (Laura Marling, Liz Phair, Emeli Sandé, William The Conqueror, Lump)",
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      "text": "> 9% OF NET LABEL SHARE",
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      "text": "Reservoir's first foray into the recorded music business initially was in 2012 with the acquisition of Philly Groove. Reservoir expanded its recorded music segment through the acquisition of Blue Raincoat (incl. Chrysalis Records) in 2019 and Tommy Boy Records in 2021.",
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      "text": "1 Based on 80% of LTM Net Label Share (NLS) as of 06-30-22. 2 Trailing twelve months ended 3-31-22, pro-forma for acquisition of Tommy Boy",
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