Deal includes producer royalties on some of the most successful albums of all time
Round Hill Music Royalty Partners announced that it has acquired producer royalties and related rights from legendary music producer Steve Lillywhite. Financial terms of the transaction were not disclosed.
Lillywhite is recognized as one of rock and roll’s most acclaimed and successful producers, producing or contributing to over 500 records for some of the most famous and beloved recording artists of all time.Contract includes U2 boy, october When war; dave mathews band Under The Table and Dreaming, Crash, When Before these busy streets. Rolling Stone’ dirty work; fishes Billy Brees; more.
In 2005, he won a Grammy Award for Producer of the Year and was the producer of U2. Atomic bomb dismantling methodIt won Grammy Awards for Album of the Year and Best Rock Album. He won the Grammy Award Record of the Year in 2000 and his 2001 for his work on aU2’s “Beautiful Day” and “Walk On” respectively.
“As someone who grew up admiring the bands and albums produced by Steve Lillywhite, I am honored to be partnering with him on this exciting deal. It includes royalties for several of our albums, and we’re thrilled to have reached this landmark deal.”
Lillywhite added, “I am grateful to have found a like-minded companion in Josh Gruss, a pioneer in the music royalty business and the ideal partner for me and my family as we take this next step.” rice field.
The deal marks one of the most active years in Round Hill Music’s 12-year history, with the company investing over $200 million in more than 40 acquisitions.