Country music artist Travis Tritt has sold his music publishing catalog to Reservoir Media in a deal whose financial terms were not disclosed. The deal includes all of Tritt's future and past compositions.
According to Variety, Reservoir will administer Tritt's catalog, which consists of over 1,000 songs. The acquisition adds to Reservoir's growing roster of country music catalogs, which includes the works of Loretta Lynn and Tanya Tucker.
Tritt's catalog includes hits such as "An Old Dog Learns New Tricks," "It's a Great Day to Be Alive," and "Here's a Quarter (Call Someone Who Cares)." The sale of music publishing catalogs has become a popular trend in the music industry, with artists such as Bob Dylan and Neil Young also selling their catalogs in recent years.
Music publishing refers to the rights to the lyrics and melody of a song. These rights are separate from the sound recordings and are administered by music rights societies such as ASCAP and BMI.
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