Round Hill Music Raises Another $86.5 Million

Money Business

Round Hill Music Fund Royalty Ltd. has sold another 86.5 million shares at $1 a share bringing total capital raising from its listing on the London Stock Exchange bringing total funding to $416.6 million since it went public back in November 2020.

Since then the fund has acquired a portfolio of song catalogs owned by a Round Hill Music commingled fund that includes song from The Beatles, Marvin Gaye, Rod Stewart, James Brown, Offspring, Kiss, Phil Collins, Celine Dion, Lady A and the Backstreet Boys; and also included a minority stake in Carlin America which is majority owned by another Round Hill Music commingled fund, Royalty Fund II, which includes such songs as “Fever,” Happy Together” and “The Twist.”

Source: News | Billboard

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