Reservoir Media has signed a publishing deal with Latin songwriter and producer Rudy Perez, the company tells Billboard. According to Reservoir, the deal includes the acquisition of Perez’s catalog as well as a publishing deal for his future works.
Throughout his career, Perez has collaborated with artists such as Christina Aguilera, Julio Iglesias, Luis Miguel and Marc Anthony. Perez’s hits include “Pero Me Acuerdo de Ti” and “Si No Te Hubiera Conocido,” both of which are included on the Latin Grammy-winning album Mi Reflejo by Aguilera, which spent 19 weeks at No. 1 on Billboard’s Top Latin Albums chart. Also among his credits is Anthony and La India‘s salsa anthem “Vivir Lo Nuestro,” which peaked at No. 10 on the Hot Latin Songs chart in 1994.
“I’m thrilled to be a part of the Reservoir family. I look forward to collaborating on new projects with their entire team as I embark on the next phase of my career,” Perez said in a statement.
“Rudy is a trailblazer. He and Latin music are so deeply intertwined, and his fingerprints are all over so many of the genre’s biggest hits” added Reservoir executive vp John Ozier. “I’ve been talking with Rudy and his team for five years, which makes closing this deal a big moment for me personally. I am so proud to welcome Rudy to Reservoir and help support his legacy and the legacy of the genre moving forward.”
Perez co-founded the Latin Recording Academy in 1997 and the Latin Grammys in 2000. He also co-created the Latin Songwriters Hall of Fame in 2013 to further recognize and honor Latin songwriters.
“It is remarkable what Rudy has done to uplift Latin music through his songwriting, producing, and overall championing for the genre,” said Reservoir founder/CEO Golnar Khosrowshahi. From day one our intention has been to meaningfully diversify Reservoir’s catalog with the highest quality music possible. Rudy is the best of the best, and we are thrilled to partner with him to bring his music to Reservoir.”
Based in New York and founded in 2007, Reservoir — which represents over 150,000 copyrights and 36,000 master recordings — reported $122.3 million in revenue for its fiscal year 2023 ending March 31, driven by a 9% increase in music publishing revenue and an 18% increase in recorded music revenue.
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