13th Jul 2023 10:13
Round Hill Music Royalty Fund Ltd - investor in music catalogues, has a portfolio which includes songs by artists such as Dion, Carrie Underwood, The Supremes, Bonnie Tyler and Bruno Mars - Reports net revenue in the first quarter to March 31 increases 94% to USD10.2 million from USD5.3 million in the same period the year prior, whilst masters revenue increases 40% to USD2.4 million from USD1.7 million. Publishing revenue more than doubles, shooting up to USD6.4 million from USD3.1 million. The company's initial investment revenue rises 20% to USD6.2 million from USD5.2 million the prior year.
Current trading share: USD0.75, up 1.4% in London on Thursday morning
12-month change: down 25%
By Will Neill, Alliance News reporter
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