NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. ( RSVR), an award-winning independent music company, in conjunction with PopArabia, the leading music publisher and independent music company in the Middle East and North Africa, announced two new deals as the Company continues to execute on its emerging markets growth strategy. Reservoir and PopArabia separately announced the acquisition of Egyptian label 100COPIES, as well as a joint venture with the company to sign and develop Egyptian talent. Considered a household name in the MENA region, Ramadan is an accomplished film actor and bona fide musical star. On the deal Ramadan said, “I’m very happy to be entering this new deal with Reservoir and PopArabia. Reservoir is the first female-founded and led publicly traded independent music company in the U.S.

Source: The North Africa Journal June 19, 2022 14:08 UTC