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Round Hill Music buys Dennis Elliott’s catalogue

Round Hill Music buys Dennis Elliott’s catalogue – Round Hill Music Royalty Fund has acquired the master royalty income of Dennis Elliott, a British musician and artist, who was the original drummer of the rock group Foreigner.

The catalogue comprises 71 original recordings spanning the first seven Foreigner studio albums, which feature numerous major hits, including the US and UK number 1 single: “I Want to Know What Love Is”, as well as timeless classics such as “Waiting For A Girl Like You”, “Juke Box Hero”, “Cold As Ice”, “Urgent” and “Feels Like The First Time”. Foreigner has sold more than 80 million records worldwide, including 37.5 million in the US. The catalogue includes exposure to the first seven Foreigner studio albums, including the US number 1 album “4” and the UK number 1 album “Agent Provocateur”. 

Background 

Dennis Elliott, was born in London and was the original drummer for Foreigner when the band started in 1976. He stayed with the band for 17 years before leaving the music industry. Dennis was a key member of the band for their first seven studio albums, which are all included within this Catalogue: “Foreigner” (1977 – 5 times platinum in the US), “Double Vision” (1978 – 7 times platinum in the US), “Head Games” (1979 – 5 times platinum in the US), “4” (1981 – 6 times platinum in the US and number 1 in the US Billboard 200 Album Chart), “Agent Provocateur” (1984 – 3 times platinum in the US, 1 times platinum in the UK and number 1 in the UK Album Chart), “Inside Information” (1987 – 1 times platinum in the US) and “Unusual Heat” (1991).

The catalogue has significant exposure to Streaming, comprising 84% of revenue mix over the 2018-2020 calendar years with the balance being comprised of 6% Download, 3% Physical and 7% Other. The catalogue is also diversified by geography, with 36% of revenue generated in countries outside of the US.

The top 3 songs in the catalogue comprise 27% of total revenue and the top 10 songs account for 59% of revenue.

Ranked by revenue, based on the catalogue’s royalty statement in the calendar years 2018-2020, 

  • “I Want to Know What Love Is” (1999 Remaster);
  • “I Want to Know What Love Is”;
  • “Waiting For A Girl Like You”;
  • “Juke Box Hero”;
  • “I Want to Know What Love Is” (2008 Remaster);
  • “Cold As Ice”
  • “Hot Blooded”.

RHM : Round Hill Music buys Dennis Elliott’s catalogue

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