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Reservoir Invests in Len Blavatnik-Backed ‘Immersive Entertainment Company’ Lightroom, Targets ‘Meaningful Opportunity in This High-Growth Vertical’

A Billie Eilish ‘immersive listening experience’ organized by Spotify and Lightroom. Photo Credit: Spotify Reservoir Media (NASDAQ: RSVR) has announced an investment in Lightroom, which says it specializes in creating “IP-led immersive entertainment experiences.” New York City-headquartered Reservoir formally disclosed its stake in London-based Lightroom today. Founded in 2022 and billed as a JV between

Reservoir Kicks Off India Expansion by Acquiring ‘Entire’ Musicraft Entertainment Catalog

Reservoir exec Spek, who oversees the operations of Musicraft Entertainment purchaser PopIndia. Photo Credit: Reservoir Media One month after launching a Mumbai-based subsidiary called PopIndia, Reservoir Media (NASDAQ: RSVR) has officially closed its first catalog deal in India. New York City-headquartered Reservoir today revealed the song-rights purchase, executed via PopIndia and covering the IP of

Reservoir Unveils Joint Venture With ‘American Idol’ Producer 19 Entertainment, Aims to Ink Publishing Deals With Contestants

American Idol judge Lionel Richie performing live. Photo Credit: Raph_PHReservoir Media (NASDAQ: RSVR) has officially partnered with American Idol producer 19 Entertainment to ink publishing deals with the long-running series’ contestants. New York City-based Reservoir and 19 Entertainment (a division of Sony Pictures Television) unveiled their straightforward tie-up today, making clear that they’ll “aim to

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Kusha Kapila’s Underneat co-founder left ₹3 crore job to travel the world: ‘People said I was crazy’

Reflecting on his career before taking the break, he said his work routine had become all-consuming. For 13 years, he spent most of his time at work. Underneat CEO Vimarsh Razdan says quitting ₹3 crore job to travel reshaped his approach to work. Vimarsh Razdan, co-founder and chief executive officer (CEO) of actor Kusha Kapila's

Top Stories | Iran tensions rise, Fed stands pat, M&M delivers, Assam floods and more

It was another volatile day on Dalal Street, but the bulls managed to stay in control. Strong foreign buying, corporate earnings, and optimism from global tech giants like Microsoft helped benchmarks finish in the green. Closing bell | Five key takeaways from today's market action Indian shares ended on a positive note in a volatile

Pricol Q1 profit jumps 34% as revenue crosses ₹1,100 crore

Auto components maker Pricol reported a strong June quarter, with net profit rising 34% and revenue growing 24% year-on-year. Higher operating profit and a modest improvement in margins reflected healthy business momentum despite cost pressures. 2 Min Read Pricol Ltdreported a 34.3% year-on-year (YoY) rise in consolidated net profit for the first quarter ended June

Seoul Police Arrest Three in $19M Fake XRP Staking Scam

South Korean police have uncovered one of the country’s biggest XRP related crypto scams after arresting three suspects linked to a fake staking platform that promised fixed monthly returns.  Authorities say the fraud pulled in about 3.4 million XRP from 71 victims, while blockchain tracking shows total wallet flows linked to the operation reached 27.3