{"id":233162,"date":"2025-06-05T16:23:17","date_gmt":"2025-06-05T15:23:17","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?p=233162"},"modified":"2025-06-05T16:23:17","modified_gmt":"2025-06-05T15:23:17","slug":"reservoir-strikes-multifaceted-deal-with-indie-label-fools-gold-records-including-acquisition-of-several-of-its-artists-catalogs","status":"publish","type":"post","link":"https:\/\/www.musicbusinessworldwide.com\/reservoir-strikes-multifaceted-deal-with-indie-label-fools-gold-records-including-acquisition-of-several-of-its-artists-catalogs\/","title":{"rendered":"Reservoir strikes ‘multifaceted’ deal with indie label Fools Gold Records, including acquisition of several of its artists’ catalogs"},"content":{"rendered":"

Reservoir Media has struck what it calls “a multifaceted deal” with independent record label Fool\u2019s Gold Records.<\/p>\n

The deal sees Reservoir acquire the catalog master rights of the label\u2019s artists A-Trak, Danny Brown, Grande Marshall, The Brothers Macklovitch, and Low Pros.<\/p>\n

Reservoir will also exclusively market and distribute all other recordings on Fool\u2019s Gold, including future releases, via the Reservoir label platform.<\/p>\n

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This deal, which was facilitated by Fool\u2019s Gold Chief Financial Officer Jorge Mejias, label manager Nathaniel Heller, and A-Trak\u2019s management team at TMWRK, sees Fool\u2019s Gold join Reservoir\u2019s recorded music division alongside “cornerstone” independent labels Chrysalis Records, Tommy Boy Music, and the newly acquired New State, among others.<\/p>\n

Reservoir acquired<\/a> Tommy Boy Music in 2021 in a deal valued at approximately $100 million<\/strong>. In February, the company acquired<\/a> UK dance and electronic label New State, and the label\u2019s entire recorded music catalog of over 13,000 tracks.<\/p>\n

Reservoir acquired<\/a> the Chrysalis Records catalog for an undisclosed fee in 2019.<\/p>\n

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Fool\u2019s Gold will be marketed and distributed through Reservoir\u2019s label platform.<\/p>\n

As part of the deal, Reservoir will also now distribute A-Trak & Friends, a new sub-label of Fool\u2019s Gold featuring music by A-Trak and several other artists.<\/p>\n

The first release off A-Track & Friends was Reaching<\/em>\u00a0by James Juke feat. LION BABE, which was released last month.<\/p>\n

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Commenting on the deal, A-Trak said: \u201cI\u2019ve been thoroughly impressed by Reservoir ever since the first time we all spoke. Everyone at the company has a deep passion for quality music.<\/p>\n

“A big part of what\u2019s helped Fool\u2019s Gold navigate 18 years in the music biz is staying very nimble and malleable. Reservoir was able to craft a creative deal with us that showed real agility \u2014 that\u2019s exactly what we were looking for in a new partner.\u201d<\/p>\n

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“We\u2019re proud to welcome A-Trak, Fool\u2019s Gold, and its artists into the Reservoir family as we continue to champion culturally significant independent music.”<\/p>\n

Rell Lafargue, Reservoir<\/span><\/p>\n<\/blockquote>\n

Reservoir President and Chief Operating Officer Rell Lafargue added: \u201cAs both founder and artist, A-Trak has built Fool\u2019s Gold into a genre-blurring label that has been at the forefront of hip-hop, house, and everything in between for nearly two decades.<\/p>\n

“We\u2019re proud to welcome A-Trak, Fool\u2019s Gold, and its artists into the Reservoir family as we continue to champion culturally significant independent music.<\/p>\n

\u201cThis multifaceted deal also highlights Reservoir\u2019s ongoing expansion in recorded music and our team\u2019s ability to deliver across the full spectrum of the music business.\u201d<\/p>\n

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Brooklyn-based Fool\u2019s Gold was founded in 2007 by DJs A-Trak (Alain Macklovitch), Nick Catchdubs (Nick Barat), musician Dave 1 (David Macklovitch), and the late Dust La Rock (Joshua Prince).<\/p>\n

The label saw early success from releases by Kid Cudi, Kid Sister, Flosstradamus, Danny Brown (with songs including Grown Up<\/em> and 25 Bucks<\/em>), as well as A-Trak\u2019s own music.<\/p>\n

In 2010, his duo Duck Sauce released viral hit single Barbra Streisand<\/em>, which reached No.3 in the UK and No.1 on Billboard\u2019s Dance Club Songs chart, and earned a Grammy nomination for Best Dance Recording.<\/p>\n

The song was later included on Duck Sauce\u2019s 2014 Top 10 Billboard Dance\/Electronic album, Quack<\/em>, which Reservoir now distributes.<\/p>\n

A-Trak also earned success as a solo artist with his remix of the Yeah Yeah Yeahs\u2019 Heads Will Roll<\/em> and singles including Ray Ban Vision<\/em>, Believe<\/em>, DJ\u2019s Gotta Dance More,<\/em> and My Own Way<\/em>. The Fool\u2019s Gold catalog also includes releases by Treasure Fingers, Hoodboi, Tommy Trash, Falcons, G-Worthy, Malaa, and Michael Christmas.<\/p>\n

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Reservoir spent<\/a> over $115 million<\/strong> on acquisitions and advances in its latest fiscal year, while its annual revenues jumped 10% YoY to $158.7 million.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Deal sees Fool\u2019s Gold join Reservoir\u2019s recorded music division<\/p>\n","protected":false},"author":15,"featured_media":233165,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[2854],"class_list":["post-233162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-reservoir"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/233162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/comments?post=233162"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/233162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/233165"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=233162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/categories?post=233162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/tags?post=233162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}