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 45-year-old Musicraft Entertainment. According to the involved parties, PopIndia scooped up the