RESERVOIR ACQUIRES HIT SONGS BY MULTI-PLATINUM, #1 COUNTRY SONGWRITER STEPHONY SMITH
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Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced the acquisition of hit songs by #1 Country songwriter Stephony Smith. The deal includes the #1 and multi-Platinum single “It’s Your Love” by Tim McGraw and Faith Hill.
Smith first began her career writing commercial jingles for a major advertising agency, in Memphis, Tennessee. By 1989, Smith moved to Nashville and signed her first publishing deal with Polygram, now Universal. She has since written songs for many award-winning talents including: Shania Twain, Barbara Streisand, Kenny Chesney, Montgomery Gentry, Martina McBride, Reba McEntire, and Wynonna Judd, and collaborated with The Chicks to pen “Sin Wagon” that sold 11 million albums and is among the songs Reservoir acquired. She received incredible critical and commercial acclaim for writing 100% of previously mentioned multi-Platinum single “It’s Your Love” by Tim McGraw and Faith Hill, which held the #1 spot on the Country chart for six straight weeks and was the most played Country song of 1997. Smith has written four additional #1 singles, including “How Was I To Know” by Reba McEntire, “Perfect Love” by Trisha Yearwood, “Yes” by Chad Brock, and “Back When” by Tim McGraw. In recognition, she was awarded the prestigious titles of BMI Country Song and Songwriter of the Year for “It’s Your Love” and garnered a BMI Pop Award in 1998. Smith also co-wrote “Johnny and June” by Heidi Newfield, formerly of Trick Pony, which stormed the Billboard Charts in 2008 and was nominated for The Academy of Country Music’s Song of the Year.
Reservoir Executive Vice President of Creative John Ozier, who led the deal alongside Vice President of Creative, Greg Gallo, added, “Stephony’s songs are true Country hits, and it’s a privilege to be the publishing home for this impressive collection of works.”
Smith said, “I’m so proud to have these songs in the capable hands of Reservoir, and I am sure that John Ozier, Greg Gallo, and the whole team there will do great things with ‘my babies.’”