SPACE vs Reservoir Media: How Two Music Rights Buyers Compare

Reservoir Media and SPACE represent two very different approaches to music catalog acquisition. Reservoir, founded in 2007 by Golnar Khosrowshahi and publicly traded on NASDAQ since 2021, has built a portfolio of over 150,000 copyrights through approximately $1 billion in deployed capital, completing 55+ deals per year. The company acquires both publishing and master recording rights from a range of artists — from legacy catalogs to emerging talent — but primarily in mainstream genres with significant commercial performance. SPACE operates in a different market segment entirely, focusing on independent creators in the ambient, lo-fi, and wellness space with a direct, commission-free purchasing model. This comparison helps creators understand which buyer is appropriate for their specific situation.

Quick verdict

Reservoir Media (NASDAQ: RSVR) is a publicly traded music rights company that has deployed approximately $1 billion across 55+ deals per year, acquiring publishing and master rights from a mix of established and emerging artists — though primarily mainstream. SPACE focuses exclusively on indie creators in ambient, lo-fi, and wellness genres with no minimum catalog size. Reservoir is relevant if you have an established mainstream catalog; SPACE is built for niche indie creators.

SPACE

SPACE is a direct music rights buyer that specializes in ambient, lo-fi, meditation, and wellness genres. The platform is built for independent creators, offering a streamlined submission-to-payout process with no commission or fees. SPACE evaluates catalogs using human evaluators with expertise in mood music economics, and supports both full and partial rights purchases. The focus on a specific genre niche allows SPACE to offer valuations informed by deep understanding of wellness app licensing, meditation playlist economics, and functional music demand drivers.

Strengths

  • +No minimum catalog size — accessible to all independent creators
  • +No commission, listing fees, or hidden costs
  • +Deep specialization in ambient, lo-fi, and wellness music valuation
  • +Partial rights sales available for flexible monetization
  • +Fast, transparent process with payouts within days
  • +Creators retain creative control

Limitations

  • Limited to ambient, lo-fi, and wellness genres
  • Smaller scale compared to publicly traded acquisition companies
  • Cannot offer the global publishing administration and sync pitching infrastructure of a major rights company
Best for: Independent ambient, lo-fi, and wellness creators seeking a fast, commission-free sale with no minimum catalog size and the option to sell partial rights while retaining creative control.

Reservoir Media

Reservoir Media (NASDAQ: RSVR) is a publicly traded independent music company founded in 2007 by Golnar Khosrowshahi, who serves as CEO. The company has deployed approximately $1 billion acquiring music publishing and master recording rights, building a portfolio of over 150,000 copyrights. Reservoir completes 55+ acquisitions per year and maintains a global team handling publishing administration, sync licensing, creative services, and artist development. The company works with a range of artists from legacy catalogs (Joni Mitchell, Phil Collins) to newer talent, though its focus is primarily on commercially established artists and songwriters in mainstream genres.

Strengths

  • +Publicly traded (NASDAQ: RSVR) with transparent financial reporting and institutional backing
  • +~$1 billion deployed with 55+ deals per year demonstrating consistent acquisition capacity
  • +Global publishing administration and sync licensing capabilities
  • +Mix of legacy and emerging artist acquisitions provides portfolio diversification
  • +Full-service approach: publishing admin, sync pitching, creative services, and artist development

Limitations

  • Primarily focused on commercially established artists and mainstream genres
  • Deal sizes and evaluation processes not designed for small indie catalogs
  • As a public company, acquisition decisions are driven by shareholder return metrics that may not align with niche-genre economics
  • Complex deal structures and extended due diligence timelines typical of institutional buyers
Best for: Established songwriters and artists with commercially significant catalogs in mainstream genres who want a buyer with global publishing administration, sync licensing capabilities, and the resources of a publicly traded music company.

Feature comparison

FeatureSPACEReservoir Media
Target sellerIndependent and emerging creators in niche genresEstablished and emerging artists primarily in mainstream genres
Company structurePrivate companyPublicly traded (NASDAQ: RSVR)
Capital deployedPrivately funded, niche-focused~$1 billion across 55+ deals per year
Genre focusAmbient, lo-fi, meditation, wellnessMainstream — pop, rock, R&B, hip-hop, country, Latin
Minimum catalog sizeNo strict minimumGenerally requires established commercial performance
Services offeredDirect catalog purchase (full or partial)Publishing administration, sync licensing, creative services, catalog acquisition
Payout speedTypically within daysWeeks to months (institutional due diligence and legal review)
Commission / feesNo commission or feesDeal terms negotiated individually; admin fees apply for publishing services
Creative controlRetained by creatorVaries — Reservoir manages acquired rights for commercial optimization
Valuation approachHuman evaluation with mood-music expertiseFinancial modeling, streaming analytics, and projected revenue analysis by institutional team

Our verdict

Reservoir Media and SPACE are built for different creators in different markets. Reservoir is an institutional acquirer with the infrastructure, capital, and global team to manage major publishing and master rights portfolios — they complete over 55 deals per year and their acquisitions are driven by the financial performance expectations of a publicly traded company. If you're an established songwriter or artist with a commercially significant catalog in a mainstream genre, Reservoir's full-service approach (publishing admin, sync pitching, creative services) can meaningfully grow the value of your catalog post-acquisition. If you're an independent creator in the ambient, lo-fi, or wellness space, Reservoir is likely not evaluating catalogs in your genre or at your scale. SPACE is purpose-built for this segment: no minimum size, no commission, fast payouts, and deep understanding of mood music economics. The right choice depends entirely on your catalog's genre, scale, and what you need from a buyer.

Common questions

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