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Business News Deals Labels & Publishers
Reservoir and PopArabia acquire Voice Of Beirut
By Andy Malt | Published on Wednesday 14 September 2022
Reservoir and its Abu Dhabi-based partner PopArabia have acquired Lebanese record label and music publisher Voice Of Beirut.
“Reservoir continues to demonstrate its commitment to our strategy of investment in the Middle East and North Africa region and emerging markets”, says Reservoir CEO Golnar Khosrowshahi.
“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”, she adds. “We’re excited to share that music on a global scale, especially as we continue to see increasing interest in regional music around the world”.
PopArabia Founder and Reservoir’s EVP Of International And Emerging Markets, Spek, adds: “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 catalogue size – but when viewed in context with the other crucial deals we’ve done this year, it is clear we are firmly establishing ourselves as a meaningful player in the Arabic music space”.
Voice Of Beirut launched in 1980 and the company’s catalogue spans traditional Arabic and modern pop music from across the Middle East – with a particular focus on Lebanese pop songs from the 1980s and 1990s.
