New York’s Reservoir Media and Abu Dhabi’s PopArabia acquire Voice of Beirut

Ahram Online , Thursday 15 Sep 2022

New York-based Reservoir Media company, and the Abu Dhabi-based music publisher and music company PopArabia, have acquired the famed Lebanese label Voice of Beirut

voice of beirut

 

Founded in 1980, Voice of Beirut has grown to include sound recording and publishing rights to nearly 3,000 songs that are a cross section of Lebanese pop from the 1980s through to the mid 1990s.

Since its founding, Voice of Beirut featured a variety of artists from the Levant and across the Middle East, from traditional music performers to modern pop. The albums released by the label include many well-known Arab stars such as Syrian artist George Wassouf, who has sold over 60 million records worldwide; Lebanese artist and television star Ragheb Alama; as well as music by famed Lebanese composer Ziad Rahbani; and the actress and singer Sabah.

“The acquisition of Voice of Beirut deepens Reservoir and PopArabia’s presence in the Arab world. Not only is it the largest Middle East acquisition we have done thus far – in terms of catalog size – but when viewed in context with the other crucial deals we have done this year, it is clear we are firmly establishing ourselves as a meaningful player in the Arabic music space,” Spek, PopArabia founder and Reservoir executive vice president of international and emerging markets, commented in the press release.

Reservoir Founder and Chief Executive Officer Golnar Khosrowshahi added, “Reservoir continues to demonstrate its commitment to our strategy of investment in the MENA region and emerging markets. Through our efforts with PopArabia and deals like the acquisition of Voice of Beirut, we now represent a growing breadth of diversity in music from the Middle East across styles, eras and rights types.”

Reservoir, the first female-founded independent music company in the US, is based in New York City with offices in Los Angeles, Nashville, Toronto, London and Abu Dhabi. Founded as a family-owned music publisher in 2007, Reservoir has grown to represent over 140,000 copyrights and 36,000 master recordings with titles dating as far back as 1900 and hundreds of number one releases worldwide. 

PopArabia is the leading music publisher and independent music company in the Middle East and North Africa. Founded in 2011 as a sub-publisher, the company represents the world’s leading music catalogues across the MENA territories. In 2020, PopArabia announced a partnership and joint venture with Reservoir to sign, develop, and invest in Arabic music.

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