Round Hill buys Alice in Chains catalogue – Round Hill Music Royalty Fund has acquired a significant majority of the rights to the American rock band, Alice In Chains. The acquisition covers the publishing, masters and neighbouring rights of the band.
Catalogue Details:
The acquisition comprises a significant majority of the publishing, masters and neighbouring rights in the catalogue comprising 94 compositions and 159 recordings.
Revenue from the catalogue is attributable to a diverse group of sources. 53% of the catalogue’s income is earned from masters, 38% of the income is from publishing sources including writer’s share of performance income and 9% is from neighbouring rights income. In terms of geographical exposure, 75% of the revenue is from the US, while the remaining balance is from other countries.
All figures above are based on the catalogue’s royalty statements in the calendar years 2018-2020.
Disclosure of financial detail on acquisitions:
Due to commercial sensitivities, the company is unable to disclose financial details for each acquisition as it occurs. However, on completion of the investment of proceeds from the C Share fundraise of $86.5m, together with the remaining undrawn balance of its existing revolving credit facility, the company will make further financial disclosure on the acquisitions.
RHM : Round Hill buys Alice in Chains catalogue