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      "text": "REVENUE MIX: Digital 63%, Physical 22%, Neighboring Rights 9%, Synch 5%",
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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 06-30-23 excluding \"Gangsta's Paradise\" 2 Trailing twelve-month revenue ended 09-30-23",
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