Round Hill Music Royalty Fund Ltd. has acquired the recorded catalog of classic R&B group The O’Jays, it was announced today. The purchase encompasses 100% of the master royalty income from 532 total recordings, including such hits as “Love Train,” “Forever Mine” and “For the Love of Money.” Financial details of the transaction were not disclosed.
According to catalog royalty statements from calendar years 2018-2020, 64% of the revenue generated by the group’s catalog is derived from streaming, followed by 17% sync, 10% downloads, 6% other and 3% physical. Eighty-eight percent of that revenue is generated in the U.S. The top songs ranked by revenue are “Love Train,” “Forever Mine,” “For The Love of Money,” “Back Stabbers,” “Use Ta Be My Girl,” “Cry Together,” “Stairway To Heaven” and “I Love Music.”
