With many midsize publishers gobbled up by BMG Rights Management in the last few years, a void has been left in the marketplace. Reservoir Media Management is part of a new group of up-and-coming publishing firms moving to fill it.

The firm launched in 2007 as part of a diversification move by DRI Capital, an investment firm that specializes in the income streams of pharmaceutical drug patents. DRI was acquired by the Khosrowshahi family in 2002 after it sold its Future Shop electronics chain to Best Buy.

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