Round Hill Music Royalty Fund
Round Hill Music Royalty Fund is a Guernsey-domiciled, LSE-listed closed-ended fund (ticker: RHM) that invests in music copyright catalogs — both master and publishing rights — to generate royalty income for shareholders.
- Company typePrivate
- Founded1901
- HeadquartersSt. Peter Port
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Round Hill Music Royalty Fund does
Round Hill Music Royalty Fund is a publicly listed closed-ended investment fund that acquires and holds revenue-generating music intellectual property assets, including both master recording and publishing rights to song catalogs. The fund generates returns by collecting royalty streams derived from five core revenue channels — streaming, mechanical, synchronization, performance, and other licensing income — and benefits from compounding catalog earnings as streaming volumes grow industry-wide. Its investment thesis rests on music IP as an alternative asset class, offering investors diversification across catalog age, genre, and hit concentration, with the broader recorded-music industry growing from $13.1 billion in 2014 to $28.6 billion in 2023.
Round Hill Music Royalty Fund firmographics
Firmographics- Name
- Round Hill Music Royalty Fund
- Website
- https://roundhillmusicroyaltyfund.com
- Company type
- Private
- Founded year
- 1901
- Headcount range
- 11–50 employees
- Short description
- Round Hill Music Royalty Fund is a Guernsey-domiciled, LSE-listed closed-ended fund (ticker: RHM) that invests in music copyright catalogs — both master and publishing rights — to generate royalty income for shareholders.
- Ownership category
- akta.pro rank
Round Hill Music Royalty Fund industry classification
Industry- Product category
- Music Royalty Investment Fund
- NAICS
- Music Publishers (51223)
- akta.pro primary industry
- Royalty Financing, Advances & Securitization (Catalog Finance) (MPAIAKAH)
- akta.pro secondary industry
- Music Rights Administration & Royalty Processing (Admin, Accounting, Statements) (MPAIAKAD)
Keywords
Where Round Hill Music Royalty Fund is headquartered
LocationHeadquarters
- HQ city
- St. Peter Port
Markets served
Round Hill Music Royalty Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Others
Round Hill Music Royalty Fund product offering
Product offeringCore offering
Round Hill Music Royalty Fund is a publicly traded investment fund that acquires revenue-generating music copyright assets, including master recording and music publishing rights. The fund generates returns by collecting royalties from streaming, mechanical, performance, synchronization, and other licensing channels across diversified music catalogs spanning multiple genres and catalog ages.
Product overview
Round Hill Music Royalty Fund is a music royalty investment fund that invests in music intellectual property catalogs, generating returns through streaming royalties and music publishing rights. Based on the available sources, no specific named products, modules, or service offerings are detailed for this company.
Differentiator
Problem solved
Functional benefit
Products and services
- Round Hill Music Royalty Fund (LSE:RHM)
Companies that use Round Hill Music Royalty Fund
Customer profileIdeal customer profiles1 record
Round Hill Music Royalty Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Round Hill Music Royalty Fund partnerships and signals
Strategic signalScale indicators4 records
Recent moves3 records
Expansion highlights3 records
Round Hill Music Royalty Fund competitors and assessment
Company assessmentDirect peers
- Reservoir Media: Direct comparable: a publicly listed independent music publisher that owns and administers both publishing rights and master recordings across a catalog of ~140,000+ songs, sharing RHM's mix of royalty-driven income and catalog acquisition strategy.
- Kobalt Music: Direct comparable: technology-oriented music publisher and royalty administration platform that historically owned publishing catalogs (partially sold to KKR/Dundee for $1.1B in 2021) and continues operating in catalog rights and royalty processing.
- Primary Wave Music Publishing: Direct comparable: independent music publisher and rights acquirer focused on legacy artist catalogs, operating a similar model of acquiring publishing and master royalties and monetising through streaming and licensing - a private-market analog to RHM's listed vehicle structure.
- Hipgnosis Songs Fund: Most direct historical comparable: a London-listed music royalty investment vehicle that acquired song copyrights and earned streaming royalties on a listed fund model. Acquired by Blackstone in July 2024, it remains the primary valuation reference point for listed music IP vehicles like RHM.
- Spirit Music Group: Direct comparable: independent music publisher that acquires and administers music catalogs across genres, including legacy and contemporary songwriters - directly comparable in operating model to RHM's portfolio approach.
- Concord Music Group: Direct comparable: independent music company that owns and administers publishing and master rights across multiple acquired catalogs, monetising through licensing and royalties - a closely aligned business model to RHM.
Broad incumbents
- Universal Music Group: Broad incumbent: world's largest music company with the largest recorded-music and publishing catalogs, regularly transacting as both seller and acquirer of music IP - relevant as the dominant market participant setting valuation benchmarks for RHM.
- BMG Rights Management: Broad incumbent: one of the world's largest music publishers (Bertelsmann-owned), combining publishing and recordings and providing a scaled, broadly diversified comparable to RHM's catalog strategy.
- Warner Music Group: Broad incumbent: publicly listed major music company with both recorded music (Warner Records) and publishing (Warner Chappell Music) operations, frequently cited as a comparable for catalog valuation and royalty-monetisation economics relevant to RHM.
- Sony Music Publishing: Broad incumbent: major-label publishing arm that owns and licenses a very large music composition catalog, providing industry benchmark data on publishing royalty economics relevant to RHM's portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Round Hill Music Royalty Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Round Hill Music Royalty Fund leadership team
Management profileNumber of profiles
Profiles1 record
Round Hill Music Royalty Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Round Hill Music Royalty Fund M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Round Hill Music Royalty Fund
What does Round Hill Music Royalty Fund do?
Round Hill Music Royalty Fund is a publicly traded investment fund that acquires revenue-generating music copyright assets, including master recording and music publishing rights. The fund generates returns by collecting royalties from streaming, mechanical, performance, synchronization, and other licensing channels across diversified music catalogs spanning multiple genres and catalog ages.
When was Round Hill Music Royalty Fund founded?
Round Hill Music Royalty Fund was founded in 1901. It employs 11 to 50 people.
Where is Round Hill Music Royalty Fund based?
Round Hill Music Royalty Fund is headquartered in St. Peter Port.
Who are Round Hill Music Royalty Fund's main competitors?
Direct peers on record are Reservoir Media, Kobalt Music, Primary Wave Music Publishing, Hipgnosis Songs Fund, Spirit Music Group and Concord Music Group. Broad incumbents are Universal Music Group, BMG Rights Management, Warner Music Group and Sony Music Publishing.
Does Round Hill Music Royalty Fund have an API?
No public API is recorded for Round Hill Music Royalty Fund.
What industry is Round Hill Music Royalty Fund in?
Round Hill Music Royalty Fund's product category is Music Royalty Investment Fund. Its primary akta.pro industry code is MPAIAKAH, Royalty Financing, Advances & Securitization (Catalog Finance), with a secondary code of MPAIAKAD, Music Rights Administration & Royalty Processing (Admin, Accounting, Statements). Its NAICS code is 51223.