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Round Hill Music Royalty Fund buys catalog from British producer and songwriter Tim Palmer – Music Business Worldwide

Round Hill Music Royalty Fund (RHM) Limited has acquired a catalog from Tim Palmer, a British document producer, guitarist and songwriter of rock and different music.

The catalog contains 30 songs protecting tracks from the Pearl Jam album Ten, and producer and publishing royalties for Ozzy Osbourne’s album Down to Earth.

RHM’s acquisition of the catalog contains 100% of the mixer royalty earnings for the grasp recording rights on Pearl Jam’s album Ten, and 100% of the producer earnings for the grasp recording rights on Down to Earth.

It additionally contains 100% of the publishing curiosity (together with author’s share) in six of the eleven tracks on Down to Earth.

Ten is Pearl Jam’s debut album, promoting over 25 million information worldwide and has been licensed Diamond and 13x Platinum by the Recording Industry Association of America.

The album incorporates a few of their hottest songs comparable to Even Flow, Black and Jeremy.

The catalog additionally contains hits comparable to Alive, which obtained a certification from the British Phonographic Industry, going Silver in August 2018 for gross sales and streams of over 200,000;

Down to Earth, the album by Ozzy Osbourne, reached No. 4 on the Billboard Charts and 18 within the UK. It was licensed Platinum within the US and Gold in UK.

Overall, the catalog contains 6 No.1s and 20 Top 10s.

Tim Palmer is finest identified for his function in mixing Pearl Jam’s album Ten, which reached No.2 on the Billboard 200 in 1992.

The album produced three hit singles: Alive, Even Flow and Jeremy.

Jeremy turned certainly one of Pearl Jam’s finest-identified songs and obtained nominations for Best Rock Song and Best Hard Rock Performance on the thirty fifth Grammy Awards.

Over his expansive profession, Palmer has labored with a lot of different influential rock and different artists together with U2, Robert Plant, Tears for Fears, David Bowie and Ozzy Osbourne, for whom he produced and wrote on the Platinum-selling album Down to Earth.

According to RHM, the publishing share of the catalog gives publicity to a world viewers, with 27% of income derived from exterior of the US.

The income from grasp recording rights includes 82% of catalog earnings, with publishing earnings accounting for 3%, and different sources comprising 15%.

The catalog revenues are centered in direction of the highest tracks, with the Top 3 Songs accounting for 45%, Top 5 Songs accounting for 66% and Top 10 Songs accounting for 82% of revenues.

All figures above are based mostly on the catalogs royalty assertion within the calendar yr 2020.

“We are very pleased to announce this high-quality catalog of excellent songs including timeless rock and alternative tracks from two of the world’s most well-known artists.”

Trevor Bowen, Round Hill Music Royalty Fund

Trevor Bowen, Chair of Round Hill Music Royalty Fund, stated: “We are very pleased to announce this high-quality catalog of excellent songs including timeless rock and alternative tracks from two of the world’s most well-known artists.

“The Board is pleased to be utilising the RCF and C Share placing proceeds to further expand the Company’s portfolio of diverse catalogs. The Company’s investment pipeline remains strong with a number of identified near-term opportunities in exclusivity.”

“Tim Palmer is a well-renowned record producer who has mixed and produced some of the most iconic rock and alternative albums and songs over the past four decades.”

Josh Gruss, Round Hill

Josh Gruss, Chairman and CEO of Round Hill, the Company’s funding supervisor, added: “Tim Palmer is a well-renowned record producer who has mixed and produced some of the most iconic rock and alternative albums and songs over the past four decades.

“This investment echoes our strategic objective of purchasing royalty rights to classic songs that have proven their ability to produce long-term, steady royalty revenues over the decades, while acquiring the catalogs at attractive valuations.”

“Signing to Round Hill is a very unique opportunity for me, and Josh and his team have already shown how much they love and respect the music. I am proud to be part of their ever-expanding family.”

Tim Palmer

Tim Palmer stated: Last yr I celebrated my fifth decade both producing or mixing a UK Top 10 album, and after 40 years of working within the enterprise, I’m excited to enterprise into one thing that appears like a brand new chapter.

“Signing to Round Hill is a very unique opportunity for me, and Josh and his team have already shown how much they love and respect the music. I am proud to be part of their ever-expanding family.”


Today’s news follows Round Hill Music Royalty Fund’s current acquisition of the grasp royalty earnings of Dennis Elliott, the unique drummer of the rock group Foreigner.Music Business Worldwide

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