Reservoir Media's 12% revenue rise halves to 6% once acquisitions are stripped out

Reservoir Media posted $41.5 million in revenue for the quarter ended June 30, 2026, up 12% year over year — but organic growth, excluding acquisitions, was just 6%, per Music Business Worldwide. The gap shows catalogue purchases, not existing assets, drove most of the lift. Recorded music revenue rose 35% to $14.1 million; publishing grew 6% to $26.5 million.