01 Feb

Reservoir Media Nominated for Music Week Award’s Publisher of the Year

Finalists for the 2017 Music Week Awards were announced on January 23, and Reservoir Media is pleased to be shortlisted in the prestigious “Publisher of the Year” category. Nominees for Publisher of the Year demonstrate exceptional promotion of the company’s catalog across a variety of market sectors including recorded music, sync, and live performance.

2016 saw twenty-four Billboard and Official Charts #1’s in the US and UK, including Clean Bandit’s “Rockabye” featuring Sean Paul and Anne-Marie and co-written by Ina Wroldsen, which held the #1 spot in the UK for nine consecutive weeks. Furthermore, all three Brits Critics Choice nominees—Rag’N’Bone Man, Anne-Marie, Dua Lipa—had current singles written with Reservoir writers (Rag’N’Bone Man’s “Human” co-written with Jamie Hartman, Anne-Marie’s “Alarm” and “Rockabye” co-written by Ina Wroldsen, and Dua Lipa’s “Blow Your Mind” co-written by Lauren Christy) just one of the many achievements Reservoir has helped our writers accomplish this year.

The 2017 Music Week Awards ceremony takes place on April 5th at the Grosvenor House Hotel, London.

23 Jan

Golf Membership at Predator Ridge

Purchase your exclusive golf membership before February 28, 2017 and choose one of 4 promotional gifts:

In addition to Predator Ridge’s Homeowner Memberships available exclusively to Predator Ridge property owners, they also offer a limited number of Transferable Club Memberships, as well as Corporate Transferable Club Memberships to businesses in the community. Take advantage of the opportunity to design the golf membership that best suits your lifestyle!

* some restrictions apply

  • Additional Membership Benefits:
    •   Membership discount program
    •   Preferred and exclusive access to both the Predator & Ridge courses
    •   Unlimited use of the recently expanded practice facility
    •   Express check-in and daily amenities in our exclusive Member Services building
    •   Eligibility for entry into all member & social events
    •   Complimentary shared golf cart use
    •   Advance tee time booking
    •   Reciprocal privileges at other exclusive clubs

FOR FURTHER PROMOTIONAL OPPORTUNITIES ASK US ABOUT THE PREDATOR RIDGE DISCOVERY PROGRAM!

Contact:
Elaine Galozo:  Email at  elaineg@predatorridge.com  |  250-503-3574
Cameron Craig:  Email at  ccraig@predatorridge.com  |  250-503-3588

18 Jan

Reservoir Signs Producer Jim Beanz to a Worldwide Publishing Deal

Reservoir announces the addition of renowned producer Jim Beanz to its growing roster of talented songwriters. The deal includes global publishing rights to his entire catalog including co-publishing rights to future works.

“I am excited to be a part of the Reservoir family,” said Beanz. “I was looking for a publisher who understood and supported my talent and had a similar work ethic and drive and I have found that in Reservoir. I am very much looking forward to 2017 and beyond with Reservoir.”

Known for being one of today’s most in demand producers and songwriters in the world, Beanz began his development under the guidance of hit R&B group Dru Hill’s Jazz. His big break came in 2005 when super-producer Timbaland took Beanz under his wing as a vocal producer and, later, a song producer. Beanz has written and produced songs for some of the world’s biggest artists including Britney Spears, Katy Perry, Justin Timberlake, Nelly Furtado, Shakira, Jennifer Hudson, Snoop Dogg and more. He has contributed to a host of Billboard #1s and multi-Platinum selling records including Spears’ “Gimme More” and “Womanizer” and Furtado’s “Promiscuous” and “Say It Right,” among others.

Not limiting himself to studio sessions, Beanz’s work has been prominently featured on some of television’s biggest series. In 2008, he co-wrote “Believe” by Dima Bilan, the winning entry of the Eurovision Song Contest. In 2015, Beanz wrote and produced a majority of the songs on the first season of FOX’s hit musical drama Empire, the soundtrack of which debuted #1 on the Billboard 200 chart, the first television soundtrack to do so since 1985. It also picked up Best Soundtrack nominations at the 2016 Grammy Awards, Billboard Music Awards, and 2015 American Music Awards. Furthermore, his work on Empire’s second season earned him an Emmy nomination for Outstanding Original Music and Lyrics for the song “Good People”. Most recently, Beanz produced the music to The Simpsons‘ 600th episode, a one-hour hip-hop themed episode which aired on January 15.

“Jim’s talent and the body of work that he brings to Reservoir are undeniable,” said Reservoir SVP of Creative and A&R Spek. “He is a truly multi-dimensional songwriter and producer at the top of his game and we can’t wait to get to work with him.” Spek, who signed Beanz to the roster, will oversee the project in New York, complemented by additional support from Reservoir’s Creative teams in Los Angeles and London.

04 Jan

The Commonage at Predator Ridge

The freshest neighbourhood at Predator Ridge, The Commonage is designed for those seeking an alternative to the traditional resort lifestyle, who appreciate a simpler approach to life, nature and community.

When complete, this intimate, vibrant new community will feature 200 modern ranch-style homes offering a mix of single family and multi-family living. Set among native grasslands and historic ranches, each home will incorporate nature into bright, open floorplans and generous outdoor living areas.

On top of fresh new architecture, The Commonage community will feature:

  • Public open spaces & parks
  • Active amenities
  • Edible landscapes
  • Lavender meadow
  • Intricate trail system
  • Natural wildlife habitat areas & landscapes

The launch phase will consist of 33 NEW homes, with a mix of single family, duplexes and lots available.
+ Register today to learn more about our newest real estate opportunities.  Opening Spring 2017.

12 Dec

Reservoir Artists Score Nine Grammy Nominations

Reservoir is proud to congratulate all of our songwriters who have worked on Grammy-nominated music this year! Reservoir writers contributed to a total of nine nods. Read below for a full list:

Dangerous Woman performed by Ariana Grande is nominated for Best Pop Vocal Album. The album features four tracks co-written by Steven Franks: “Leave Me Lonely” feat. Macy Gray, “Knew Better/Forever Boy,” “Let Me Love You” feat. Lil Wayne, and “I Don’t Care”.

Confident performed by Demi Lovato is nominated for Best Pop Vocal Album. The album features “Lionheart” co-written by Ina Wroldsen.

22, a Million performed by Bon Iver is nominated for Best Alternative Music Album. The album features “00000 Million” which includes a sample of Fionn Regan’s “Abacus”.

“No Problem” performed by Chance The Rapper featuring 2 Chainz and Lil Wayne is nominated for Best Rap Performance.

“No Problem” performed by Chance The Rapper featuring 2 Chainz and Lil Wayne is nominated for Best Rap Song. The song was co-written by 2 Chainz.

Coloring Book by Chance The Rapper is nominated for Best Rap Album. The album features “No Problem” featuring 2 Chainz and Lil Wayne and co-written by 2 Chainz.

And The Anonymous Nobody by De La Soul is nominated for Best Rap Album. The album features “Whoodeeni” featuring and co-written by 2 Chainz.

Major Key by DJ Khaled is nominated for Best Rap Album. The album features “For Free” featuring Drake, which includes a sample of Too $hort’s “Blow The Whistle” and “Work For It” featuring 2 Chainz, Big Sean, and Gucci Mane.

The Life Of Pablo by Kanye West is nominated for Best Rap Album. The album features “Fade” featuring Post Malone and Ty Dolla $ign and includes a sample of Aaliyah’s “Rock The Boat”.

In addition, Chance The Rapper also earned a nod for Best New Artist coming off the success of his latest album Coloring Book which features the 2 Chainz collaboration, “No Problem”.

Reservoir would also like to extend congratulations to Yo-Yo Ma & The Silk Road Ensemble for their nominations for Best Music Film for The Music Of Strangers and Best World Music Album for Sing Me Home. Reservoir President Golnar Khosrowshahi serves as President and Board Chair of Yo-Yo Ma’s Silkroad Organization.

20 Sep

Reservoir SVP & General Council Appointed to CMPA Board of Directors

Reservoir Senior Vice President and General Counsel Jeff McGrath has been appointed to the Board of Directors of the Canadian Music Publishing Association (CMPA), as announced in an official press release circulated by the Association last week. McGrath’s appointment coincides with the election of songwriter and Cymba Music Publishing head Vincent Degiorgio as the Board’s new President, replacing Jodie Ferneyhough.

While based in Toronto, Jeff has built an extensive network within the United States and UK music marketplaces. Now aligned with the CMPA, he hopes to put his multi-faceted perspective of each landscape to use for the benefit of the Canadian music publishing community.

“It’s an honor to have been offered a seat on the CMPA Board,” Jeff says. “I’m excited to join this tremendous team, both in the wake of all Jodie has done to grow the Association and in anticipation of how Vincent will continue to empower it. This role gives Reservoir a stronger voice as an independent music publisher with Canadian roots, while allowing us to help the Association push forward in its efforts to defend Canadian copyrights and work more fluidly within the global marketplace.”

In addition to the CMPA Board of Directors, Jeff belongs to the Entertainment, Media, and Communications Law sectors of the Canadian Bar Association, the Ontario Bar Association, and the Canadian Corporate Counsel Association; the Entertainment & Sports Law Forum and Intellectual Property Law sector of the American Bar Association; the Entertainment, Arts, and Sports Law sector of the New York State Bar Association; and is a delegate of the Canadian Academy of Recording Arts and Sciences (CARAS). He holds a BA from the University of British Columbia in Vancouver, B.C. and a law degree from Queen’s University in Kingston, Ontario, and has worked on Reservoir’s executive team since 2012.

26 Jul

Reservoir’s Golnar Khosrowshahi’s Perspective on Brexit’s Effect on Music Publishing

As featured in Music Business Worldwide, Reservoir President Golnar Khosrowshahi offers a transatlantic perspective on how Britain’s exit from the EU may affect the wider music business – not just on a financial level, but to the A&R process and beyond:

The dust has now settled to some degree on the shock and dismay that many of us felt as a result of the UK’s decision to leave the European Union. However, what continues to linger is the thought that the world in which we live is now intent on erecting cultural and physical barriers.

While the outcome of the Brexit vote was somewhat surprising, it wasn’t one for which we were completely unprepared.

As an independent music publisher with operations in the UK and throughout Europe, Reservoir has been making contingency plans for the potential impact of the UK voting ‘Leave’ for a number of months—in our business, the surprise hit song is the only welcome surprise.

Now that Brexit has gone from a projected possibility to a reality, the mood is decidedly cautionary.

Our trepidation is not solely down to the potential impact on revenue should Britain be headed into a recession, as some are predicting. After all, a fiscally cautious approach is nothing new for those of us in the music business, given the digital revolution that the industry has undergone and the legislative uncertainties that lie ahead.

“Brexit has the potential to disrupt the music publishing sector’s flow of creative productivity – a change our business truly cannot afford.”

Moreover, we have seen music sales and streams to be somewhat recession-proof—access to one’s workout playlist provider of choice or the odd Taylor Swift download are not necessarily where people look to significantly reduce their day-to-day lifestyle expenditures.

Rather than concern at the unlikely prospect of an immediate, dramatic loss of income, our thoughts turn to Brexit’s potential to disrupt the music publishing sector’s flow of creative productivity, a change that our business truly cannot afford.

The music industry, and publishing in particular, thrives on the type of unpredictable migration and collaboration between writers that is commonplace in Europe—a writing trip to London that turns into a performance in Dublin that turns into an agency visit in Paris that turns into a recording session in Copenhagen…

Touring, which in itself accounted for only 2.3% of Reservoir’s UK performance royalty earnings last quarter, is a springboard for further creative and collaborative opportunity, with those creators and executives involved relying on freedom of movement between Britain and continental Europe to advance their promotional, production, and performance ambitions.

“The impact of brexit on this industry could mean so much more than a minor decline in royalty revenue.”

We especially see this dependence on physical connectivity between the UK and Europe when it comes to songwriting. One could argue that with the advent of production automation apps like Landr, not to mention the now-standard video conference technology provided by Skype, the in-person writing session is less crucial to the process than it once was.

While applications and platforms have left an indelible mark on a songwriter’s collaborative options, it has been our experience that the in-person songwriting session continues to be instrumental to the creative process, with 100% of Reservoir/Reverb Music’s top 10 UK Combined Singles hits in 2015 resulting from in-person creative brainstorms, and nearly 70% of the year’s top 10 U.S. singles originating the same way. In either instance, several of the meetings that spawned these successes were between UK and European based talent.

From the Billboard charts to our bottom line, it is clear that physical interaction makes a significant difference, and a closed door policy, pending new air service agreements for inter-EU carriers like EasyJet, an excess of cumbersome Visa and carnet applications for touring musicians, and even a budget-stretching increase in mobile phone costs due to roaming, will not facilitate the kind of intercontinental collaboration that has allowed our industry to flourish in this region.

Historically, the United Kingdom has been peerless in cultivating music industry leaders and creative talent, earning a reputation as the launch pad for numerous iconic artists and musical movements. A recent BBC article highlighted that one out of every six albums sold around the world is by a UK artist.

Even beyond our own industry, the UK’s thriving music business has been crucial in creating in excess of 100,000 jobs. Musicians, composers, songwriters, and lyricists alone contributed £1.9 billion to the national economy in 2014, with live music tourism, much of it from continental Europe, contributing £3.1 billion in the same year.

Considering Brexit’s potentially adverse effect on all of the UK’s global industries, I wonder how successful the post-Brexit British music business will be in nurturing initiatives for music and the creative community in general. If a recession does occur and there is a withdrawal of funding, will the music industry be able to stimulate enough activity to offset its decline and save jobs?

“Brexit fundementally goes against the advances in unification that the music industry has undertaken.”

Will it still enjoy the same level of influence in matters of European copyright law? Can it foster entrepreneurship in our industry, an area of increasing priority as music industry firms find themselves at the mercy of influential global tech giants?

I can’t help but circle back to the main question that troubled me following the Brexit vote—why have we compromised a position of real influence that has proved so valuable for our industry over the years?

This is why the impact of Brexit on the music publishing industry could mean so much more than a minor decline in royalty revenue, and why we remain cautious in its wake.

Brexit fundamentally goes against the advances in unification that the music industry has undertaken—the sharing of information, the discovery of new talent and the ability to move about the world with unprecedented fluidity to overcome the physical barriers once involved in conceiving, recording, distributing, and broadcasting music. This is all under threat.

I look, therefore, towards the future with trepidation, wondering how far back a move like Brexit will set us in making the music industry a truly global marketplace.

05 Jul

Khosrowshahi Appointed To Order Of Canada

On June 30, 2016, His Excellency the Right Honourable David Johnston, Governor General of Canada, announced new appointments to the Order of Canada. Wesbild is pleased to share that our Chairman, Mr. Khosrowshahi, was appointed as a Member of the Order of Canada “for his entrepreneurial contributions to the growth of Canada’s retail industry and for his philanthropy”.

Established in 1967 by Her Majesty Queen Elizabeth II, the Order of Canada is the cornerstone of the Canadian Honours System, and recognizes outstanding achievement, dedication to the community and service to the nation. The Order recognizes people in all sectors of Canadian society. Their contributions are varied, yet they have all enriched the lives of others and made a difference to this country.

Learn more about the Order of Canada Here

11 Jun

Wesbild Presenting Sponsor of Coquitlam Foundation Awards Night

Wesbild was proud to be the Presenting Sponsor of Coquitlam Foundation’s Annual Awards Night.

The awarding of scholarships and grants highlighted the evening held June 9 at the Evergreen Cultural Centre.  In total, the foundation distributed approximately $100,000 worth of grants, bursaries and scholarships to Coquitlam-area groups and students, including Wesbild’s very own Wesbild LIFT Scholarship Program.

The Wesbild LIFT Scholarship Program is a scholarship program at CABE Senior Secondary in Coquitlam, BC.  The Wesbild LIFT Scholarship has committed significant funds to support CABE graduates take post secondary training and education.

Congratulations to the Coquitlam Foundation for a very successful evening and to all of the Recipients for their hard work!

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