{"id":9122,"slug":"viral-wave-purchase-price-allocation-2026","title":"The one African and MENA catalogue the same buyer priced in a filing, line by line","source":"Reservoir Media, Inc. Form 10-Q for the quarter ended 30 June 2026, Note 5, Acquisitions: purchase price allocation for the Viral Wave acquisition, closed 7 April 2026","source_url":"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1824403\/000110465926090356\/rsvr-20260630x10q.htm","source_type":"filing","method":"Transcribed from the preliminary purchase price allocation table in Note 5 of Reservoir Media's Form 10-Q for the quarter ended 30 June 2026, plus the sentence immediately following it, which splits the $3,379,457 of identifiable intangible assets into music distribution customer relationships, mobile carrier distribution agreements and a recorded music catalogue. Rows are reproduced at the filing's own precision, to the dollar. share_pct is computed here as each line divided by the $5,892,734 total consideration and rounded to one decimal place; the lines sum to the total, with negative shares for assumed liabilities, so the column reconciles to 100 per cent. The filing discloses no revenue or earnings figure for the acquired business or for the recorded music catalogue inside it, so no multiple of earnings can be computed for this transaction, and none is computed here. The allocation is described in the filing as preliminary and subject to revision.","unit":"usd","license":"Afrobeats Wire's compilation and analysis are licensed CC BY 4.0. Rights in the underlying source data remain with the source named above.","confidence":"high","retrieved":"2026-11-04 22:43:57","n":11,"first_party":0,"columns":[{"key":"line_item","label":"Allocation line","type":"text"},{"key":"usd","label":"USD","type":"number"},{"key":"share_pct","label":"Share of total consideration, %","type":"number"}],"rows":[{"line_item":"Recorded music catalogue (fair value)","usd":551750,"share_pct":9.4},{"line_item":"Music distribution customer relationships","usd":1474883,"share_pct":25},{"line_item":"Mobile carrier distribution agreements","usd":1352823,"share_pct":23},{"line_item":"Royalty advances","usd":1530120,"share_pct":26},{"line_item":"Goodwill","usd":870445,"share_pct":14.8},{"line_item":"Cash and cash equivalents","usd":340119,"share_pct":5.8},{"line_item":"Other current assets","usd":491394,"share_pct":8.3},{"line_item":"Property and equipment","usd":133590,"share_pct":2.3},{"line_item":"Current liabilities assumed","usd":-550120,"share_pct":-9.3},{"line_item":"Deferred tax liability","usd":-302271,"share_pct":-5.1},{"line_item":"Total consideration","usd":5892734,"share_pct":100}]}