The Deal Details
The agreement gives Reservoir control over a vast body of work, from seminal albums like Kind of Blue and Bitches Brewto live recordings and soundtracks. While the financial terms were not disclosed, The New York Times estimates the deal to be in the $40 million to $60 million range. The partnership is a collaboration with Davis’s estate, which will work with Reservoir on opportunities involving his name and likeness. It is important to note that Sony Music retains ownership of the recorded music rights for his classic albums released between 1955 and 1985.
A New Chapter for a Legacy
This acquisition is about more than just a catalog; it’s about preserving a cultural legacy. As a pioneer of modern jazz, Miles Davis earned eight Grammys, a star on the Hollywood Walk of Fame, and an induction into the Rock & Roll Hall of Fame. Erin Davis, his daughter, expressed her excitement to “begin this new chapter,” while Reservoir CEO Golnar Khosrowshahi spoke of the honor of preserving and reigniting discovery of legendary artists on modern platforms.
Celebrating the Centennial
The deal is particularly significant as it precedes Davis’s 100th birthday in 2026. Reservoir and the Miles Davis Estate are teaming up to celebrate the centennial with a variety of events and projects, including:
- A feature film titled Miles & Juliette, which recounts his love affair with Juliette Greco.
- A live, international symphonic show that pairs his iconic sound with original orchestrations.
- An international tour by the M.E.B. (formerly Miles Electric Band).
This partnership ensures that Miles Davis’s timeless music will continue to inspire new audiences and be celebrated worldwide.
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