Reservoir buys House of Pain and Coolio's Tommy Boy Music for $100 million

New York-based music rights company Reservoir has acquired the US record label and music publishing company Tommy Boy Music LLC - home to Queen Latifah, Afrika Bambaataa, Digital Underground, Coolio, De La Soul, House of Pain and Naughty By Nature, among others - in a deal valued at approximately $100m. Reservoir’s deal to buy Tommy Boy comprises 6,000+ masters including Coolio’s 'Gangsta’s Paradise', House of Pain’s 'Jump Around', and Afrika Bambaataa & The Soulsonic Force’s 'Planet Rock', MBW reports. Apart from the hip-hop pioneers, Tommy Boy also introduced EDM to mainstream audiences through releases by LFO, Coldcut, and 808 State, while helping to establish the Latin Freestyle and Latin Hip-Hop genres with releases by TKA, K7, and Information Society.