Reservoir Acquires Billy Strayhorn Publishing Catalog

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Reservoir has acquired the publishing catalog of jazz composer Billy Strayhorn, with the deal also giving the company a stake in the late composer’s name, image, and likeness rights. Strayhorn, best known for his decades-long collaboration with Duke Ellington, wrote jazz standards including “Take the ‘A’ Train.”

The acquisition deepens an existing partnership between Reservoir and Billy Strayhorn Songs, Inc., the composer’s estate, which the two parties first established in 2014. Terms of the transaction were not disclosed.

Read the full story at Music Business Worldwide.