Independent music company Reservoir Media has announced what it calls a “multi-faceted deal” with independent record label Fool’s Gold Records.
The terms:
- Reservoir acquires the catalog master rights of Fool’s Gold artists A-Trak, Danny Brown, Grande Marshall, The Brothers Macklovitch and Low Pros.
- Reservoir will exclusively market and distribute all other recordings on Fool’s Gold, including future releases, via the Reservoir label platform.
- Reservoir will also distribute A-Trak & Friends, a new sub-label of Fool’s Gold featuring music by A-Trak and several other artists.
- Fool’s Gold joins Reservoir’s recorded music division alongside Chrysalis Records, Tommy Boy Music, and the newly acquired New State.
Brooklyn beats:
- Fool’s Gold was founded in Brooklyn in 2007 by DJs A-Trak (Alain Macklovitch), Nick Catchdubs (Nick Barat), musician Dave 1 (David Macklovitch) and the late Dust La Rock (Joshua Prince).
- Early success came via releases from Kid Cudi, Kid Sister, Flosstradamus, Danny Brown and A-Trak’s own music.
- The Fool’s Gold catalog also includes releases by A-Trak’s Duck Sauce project, Treasure Fingers, Hoodboi, Tommy Trash, Falcons, G-Worthy, Malaa and Michael Christmas.
What they said:
- A-Trak: “A big part of what’s helped Fool’s Gold navigate 18 years in the music biz is staying very nimble and malleable. Reservoir was able to craft a creative deal with us that showed real agility – that’s exactly what we were looking for in a new partner.”
