Reservoir Earns Top 10 Market Share for Q1

As reported in Billboard’s Publishers Quarterly, Reservoir has earned a Top 10 market share for Q1 2019 Hot 100 Songs.

Newly implemented this quarter, the publisher market share evaluation for the Hot 100 factors in streaming, sales, and airplay. Coming in at #9 with 1.44% of the total market share, this notably marks the company’s sixth appearance since Q2 of 2017.

In addition, Halsey’s hit single “Without Me,” featuring an interpolation of catalog cut “Cry Me A River” by Justin Timberlake, ranked at #2 for both the Top 10 Hot 100 Songs and Top 10 Radio Songs.

Jollibee to Open at Pacific Place Mall

Wesbild is excited to announce that Jollibee will be opening at Pacific Place Mall in Calgary this Fall.

Jollibee is the largest fast food chain in the Philippines, operating over 750 stores worldwide. “Customer satisfaction has always been key to Jollibee’s success. Never losing sight of its goals, Jollibee has grown to be one of the most recognized and highly preferred brands in the Philippines. Now the market leader among fast food chains in the Philippines, claiming a market share that totals to more than half of the entire industry”.

More updates – including an anticipated opening date – will be posted on the Wesbild website as they become available.

Reservoir Earns 2019 Music Week Award Nominations

Music Week announced the nominees for their 2019 awards today, and Reservoir is pleased to be nominated for both Publisher Of The Year and the A&R Award. This marks the company’s third consecutive Publisher of the Year nomination and first A&R award nomination.

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, while the A&R award category recognizes an A&R team who has had notable creative and commercial achievement in the field.

2018 was a banner year for the company. Reservoir cuts claimed 83 #1 chart positions in the U.S. and U.K., 22 Grammy Award nominations and six wins, and a host of other awards and accolades including the Brits Single of the Year for “Human,” and an Ivor Novello nomination for Jamie Hartman who co-wrote the Rag’N’Bone cut. In addition, Reservoir earned a Top 10 U.S. market share for Q1, Q3, and Q4 via Billboard’s Publisher’s Quarterly.

The 2019 Music Week Awards ceremony will take place on May 9th at Battersea Evolution in London, UK. Click here for more information

Wesbild’s New Corporate Office

In October, Wesbild moved to a brand new office in Royal Centre in Vancouver. Taking over the entire 26th floor after a full custom renovation, the Wesbild team is settling into their new space.

After 30+ years in business, the move also gave Wesbild the opportunity to refresh their logo and branding. While Wesbild’s look may be new, the core values have not changed. Wesbild will always strive to create spaces that to be proud of, and that add value to the communities that they are a part of.

 

Reservoir CEO Golnar Khosrowshahi Named One of Billboard’s Most Powerful Female Executives of 2018

Golnar Khosrowshahi, Reservoir’s Founder and CEO, has been named one of Billboard’s Most Powerful Executives for 2018. The annual Women In Music list includes over 120 female industry leaders who have played a significant role in their field, from label executives to agents to music publishers.

“Reservoir has emerged as a leading indie publisher both in aggressiveness and size,” notes Billboard, referencing Reservoir’s successful 2018, in which 1.4% of third-quarter market share was obtained. Khosrowshahi was also named a 2018 Billboard Indie Power Player. “For us, it’s a solid story of growth, growth, and more growth,” says Khosrowshahi.

Wesbild Nominated for Business Excellence Award

Wesbild is excited and honoured to be nominated by the Tri-Cities Chamber of Commerce for their 2018 Business Excellence Awards in the category of Community Spirit.

Wesbild takes our responsibilities as a corporate citizen very seriously and we have since we began in 1981. We believe being a good corporate citizen means giving back, which is why Wesbild continues to give back to the wider community.

We are proud of our work in the Tri-Cities community including our ongoing relationship with Share Family and Community Services, the Wesbild LIFT Scholarship program supporting SD43 students to take post-secondary education and many other local initiatives. Our goal is to truly find a way to help individuals have better lives.

Thank you again for the nomination. Looking forward to seeing all of the nominees at the Nominees’ Lunch on November 6!

Smiling Creek Elementary Opens on Burke Mountain

Last night, Wesbild joined our neighbours on Burke Mountain at the official Grand Opening of Smiling Creek Elementary School in Coquitlam.

The first new school in the community, Smiling Creek Elementary is a seven-acre joint school-park site in partnership with the City of Coquitlam.

Wesbild has been instrumental in bringing schools to Burke Mountain, donating $5 million to fund a synthetic field at the future Middle School and High School site, as well as 6 acres of land to the School District for the future Elementary School site (Marigold) on the far east side of future development.

Wesbild remains committed to working with the School District, City and Province to ensure that new schools remain a top priority for the Burke Mountain area.

Reservoir Nominated for Publisher of the Year at Music Business Worldwide Awards

Music Business Worldwide announced the nominations for its third annual A&R Awards, and Reservoir is pleased to be chosen as a finalist in the Publisher of the Year Award category, for the second consecutive year. At last year’s ceremony, Reservoir took home the trophy for Publisher of the Year, while Reservoir songwriter Jamie Hartman was nominated for Songwriter of the Year. The winner will be determined by a prestigious group of global music industry experts and announced at the ceremony on Tuesday, November 6.

 

Innovative Water Treatment System at Burke Mountain

Wesbild’s new state of the art water retention and chemical treatment system is now installed for use on our construction sites! After months of hard work collaborating with Port Moody-based Aquasolve, this new system replaces our previous water treatment strategy of excavating and constructing a large sediment pond.

How Does It Work?

First, the dirty storm water run-off is collected in a large steel container. Once the water reaches a certain level, a sensor tells a Programmable Logic Controller (an industrial digital computer) to pump the dirty water into a separate treatment tank for pH testing and chemical treatment. Once this is done, the water is sent into a smaller tank which allows for the chemicals to properly bond with the water. This tank also allows for heavy solids to be sifted out of the water. Next, a sensor triggers the system to pump the water through a series of sand filters to further clean the water. For good measure, the water is sent back into the treatment tank for another pH test. If the results satisfy the acceptable discharge levels, it is pumped out of the system into a storm drain.

Real-time Monitoring

One of the best features of this new system is its ability to be monitored in real time. Throughout this entire process, the Programmable Logic Controller allows for the system to be remotely monitored. In the rare event that something goes wrong, Wesbild and our Environmental consultant, and the City of Coquitlam will be alerted right away, and we can promptly act to fix the problem. Using this new system effectively ensures our site will remain in compliance with the bylaw during construction.

A Wesbild Commitment

Wesbild has always been committed to environmentally responsible development, and water treatment plays a huge role in that. The system was designed over months of research and testing, and can be disassembled and reinstalled on future development sites. With this new system, Wesbild is confident our water treatment has thoroughly improved, and we look forward to its continued use at Burke Mountain.