Reservoir has acquired the publishing catalog of late Grammy-winning DJ, songwriter, and producer Fred Rister.
The deal consists of a number of collaborations with David Guetta.
Fred Rister and David Guetta “helped define the genres of Dance, Pop, and Electronic throughout the 2000s”, in line with Reservoir, together with contributing to essentially the most downloaded music of all time within the US, I Gotta Feeling by the Black Eyed Peas.
Frederic Riesterer aka Fred Rister (1961-2019) was born in France and started his musical profession in his teenagers upon profitable a DJing competitors in Dunkirk.
He went on to host a number of radio reveals all through the Nineteen Nineties earlier than diving into manufacturing and having fun with early successes with European hits together with Drop That Beat and I’ve Got The Music in collaboration together with his spouse, Isabel a.okay.a. Anaklein, topping the membership charts in France and Belgium.
On the heels of this success, Fred Rister was approached to collaborate on David Guetta’s 2007 album Pop Life, ensuing within the hit single Love Is Gone.
Upon launch, the one was a Top 10 hit within the UK and broke via within the US, reaching No.98 on Billboard’s Hot 100.
Following Love is Gone, David Guetta invited Fred Rister to his manufacturing group.
Rister contributed to eight titles on David Guetta’s 2009 Grammy-nominated album One Love, together with the Grammy-winning single When Love Takes Over that includes Kelly Rowland, in addition to Memories that includes Kid Cudi.
Fred Rister additionally labored alongside David Guetta on two tracks off the Black Eyed Peas’ The END, together with co-writing and co-producing their huge world hit I Gotta Feeling, which held No.1 within the US for 16 weeks, gained a Grammy, is RIAA Diamond-certified, and holds the document for essentially the most downloaded digital music of all time within the US Fred Rister and David Guetta continued to collaborate throughout the 2010s, via the discharge of David Guetta’s 2018 album 7.
Reservoir was represented for this deal by Isabelle Wekstein-Steg, accomplice and founder of WAN Avocats (Paris, Geneva), a distinguished agency in M&A of cultural industries.
“Fred’s talent and creativity helped define the genres of Dance, Pop, and Electronic music.”
Golnar Khosrowshahi, Reservoir
Reservoir Founder and Chief Executive Officer Golnar Khosrowshahi mentioned: “Fred’s talent and creativity helped define the genres of Dance, Pop, and Electronic music.
“The Reservoir team has worked closely with his wife, Isabel, and representative, Maximilien Jazani, on this deal, and we are honored to have the opportunity to safeguard his catalog and help ensure his remarkable legacy endures.”
“Sometimes, fate is a good provider and selling to Reservoir is also something that Fred would have liked.”
Isabel Rister added: “Sometimes, fate is a good provider and selling to Reservoir is also something that Fred would have liked.”
Maximilien Jazani (Catalogue Associates) who brokered the deal from A to Z for Fred Rister’s property, mentioned: “In 2018, Fred, his wife Isabel and I, started working on a potential sale of Fred’s publishing rights.
“Then, Fred’s health deteriorated and, I promised him that I would carry out this project for the best possible result. I started working to build a deal that encompassed both a sale of publishing rights and a buy-out of the writer share while keeping the writer a SACEM member.
“I believe I have kept my promise. Christophe Piot (Write Here Music), Fred’s close friend and his longtime catalogue publisher, has also been a most valuable help to us for the success of the deal.”
In December Reservoir acquired a stake in publishing catalog of Fred Parris, Founder Of The Five Satins.