15th Sep 2021 17:50
Round Hill Music Royalty Fund Ltd - investment company - Acquires 30 song catalogue including music income and publishing rights from English record producer and guitarist Tim Palmer for undisclosed sum.
Catalogue includes publishing royalties for Ozzy Osbourne's album Down to Earth and tracks from Pearl Jam album Ten.
"We are very pleased to announce this high-quality catalogue 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 catalogues. The company's investment pipeline remains strong with a number of identified near-term opportunities in exclusivity," says Chair Trevor Bowen.
Current stock price: USD1.06
Year-to-date change: up 3.9%
By Dayo Laniyan; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
RHM.L