Concord Annexes Round Hill Royalty Fund

• Concord announced the acquisition of Round Hill’s UK-listed music fund, Round Hill Music Royalty Fund (RHM). The deal includes over 150,000 songs and 51 catalogs, including works by The Beatles, Alice In Chains, The Offspring, hits recorded by Elvis Presley, Meatloaf, James Brown, and Billie Holiday, as well as a stake in the Carlin Catalog, which includes hits made famous by such artists as Johnny Cash, Aretha Franklin, Ella Fitzgerald, Elvis Presley, Peggy Lee, and George Harrison.

Following news of expansion into Australasia, as well as its acquisition of Mojo Music & Media, Concord announced its offer for RHM in September 2023. On October 18, with the RHM Board endorsing the acquisition, the deal was overwhelmingly approved with 99% of votes cast in favor.

Commenting on the acquisition, Bob Valentine, CEO of Concord said, “The entire team at Concord is thrilled to be able to represent these iconic catalogs. It is now our obligation to expose these songs and recordings to an even larger audience than their existing extraordinary fan bases. Furthering the cultural impact that these works have is certainly a responsibility we take seriously.” He added, “Since our inception, Concord has demonstrated a clear track record of preserving the legacy of our artists while leveraging new and innovative opportunities to create new fans. I can’t wait to see what our global creative teams of sync, licensing, marketing, copyright, and royalty experts come up with next.”