The catalog includes such hits as “Man in the Box,” “Rooster” and “Would.” In the U.S. alone, the band’s activities generated more than 18 million album consumption units, including 12 million CD sales. “Primary Wave is pleased to partner with the estates of Layne Staley and Mike Starr to honor their musical legacies as part of the classic era lineup of Alice In Chains, who created the amazing songs and records that comprise the albums Dirt and Facelift, and the acoustic EPs, Jar of Flies and Sap,” said Primary Wave’s David Weitzman in a statement. “These projects represent the greatest works from one of the best artists of the iconic ’90’s Seattle based grunge era.” Lead singer Staley died of a drug overdose in 2002, while bassist Starr died of an overdose in 2011. Meanwhile, in addition ...
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”...
Round Hill Music Royalty Fund’s initial public offering fell short of its $375 million target (it raised $282 million at $1 per share), which had been earmarked to buy a catalog of song publishing valued at $363 million — but there are contingency plans. According to its Oct. 19 prospectus, the publishing company anticipated the possibility of a gap and planned alternate options, including buying just a portion of the planned catalog acquisition instead of the whole thing. What’s more, Round Hill now has until Oct. 18, 2021, to issue the 83 million remaining shares, should market conditions support further fundraising toward the $375 million target, according to another contingency provision in the prospectus. {“nid”:”9482919″,”type”:”p...
Round Hill Music has signed multi-Grammy-winning singer and songwriter Rob Thomas to a long-term worldwide publishing deal, which will cover his full catalog, including past and future works. Best known as the frontman for Matchbox Twenty, Thomas has led the rock band through four studio albums beginning with debut Yourself or Someone Like You in 1996, which peaked at No. 5 on the Billboard 200 albums chart, was certified twelve-times platinum by the RIAA and included hit singles like “Push” and “3AM.” Other top-charting songs from the band include “If You’re Gone,” “Unwell” and “How Far We’ve Come.” Arguably Thomas’ biggest hit, however, came from outside of the band: “Smooth,” his 1999 col...
British R&B star Craig David has signed a global publishing deal with Round Hill Music. The new arrangement, announced Wednesday (Sept. 9), includes all of David’s catalog, including his U.K. chart-topping debut album Born to Do It, and a futures agreement that will see all his new music administered by the independent music publisher. The 39-year-old singer is one of Britain’s most successful male solo artists of the millennium, with 23 U.K. top 40 singles, including two No. 1s (“Fill Me In” and “7 Days”), and a pair of No. 1 albums. In the U.S., David has twice cracked the Top 40 on the Billboard 200 and he has landed three songs on the Hot 100 chart, including a career-best No. 10 with “7 Days”. His trophy cabinet includes three Ivor Novello Awards and a brace of MTV Europe Mu...