Round Hill Music

Round Hill Music announces agreement with Nancy Wilson

Acquisition of master artist royalties and long-term administration of neighbouring rights; provides access to legendary American rock band Heart

New York, 13th January 2022 Round Hill Music, via Round Hill Music Royalty Fund Ltd, has acquired a significant share of the master artist royalties and entered into a long-term agreement to administer the neighbouring rights income of the catalogue of Nancy Wilson, acclaimed singer, songwriter and guitarist of Rock ‘n’ Roll Hall of Fame-inducted band Heart.

This deal encompasses a significant share of Nancy Wilson’s master artist royalties and a long-term agreement to administer the neighboring rights income of her catalogue and includes Wilson’s share of classic songs such as Barracuda”, “Magic Man, “Alone”, “Crazy On You” and the #1 hit “These Dreams.”

Heart has sold over 35 million records worldwide to date, with their breakthrough coming in 1975 with the release of their debut double platinum selling album Dreamboat Annie, which generated the hits “Magic Man” and “Crazy on You”. Their third studio album “Little Queen” has reached double and triple platinum in Canada and United States respectively. In 1985, Heart released their eighth studio album which produced the band’s first #1 single “These Dreams” and was certified platinum five times and nominated for a Grammy Award for Best Rock Performance by a Duo or Group with Vocal. The band has received four Grammy nominations in total.

Wilson, who has been ranked as one of the greatest female guitarists of all time by Gibson, was inducted into the Rock n’ Roll Hall of Fame in 2013 as a member of Heart. That same year, she and her sister Ann, also a member of Heart, received a Star on the Walk of Fame in Hollywood.

Nancy Wilson said, “I’m honored to be working with the good people at Round Hill and am looking forward to an ongoing working relationship.”

Trevor Bowen, Chair of Round Hill Music added, “We are very pleased to announce the acquisition of Nancy Wilson’s fantastic catalogue of classic Heart tracks from across her career including songs from her double and triple platinum selling albums. This important acquisition provides the Company with direct exposure to a timeless American rock band.”

Josh Gruss, Founder and CEO of Round Hill Music commented, “Heart are a band who have earned their place in rock and roll immortality and Nancy has played a pivotal role in their astonishing success over the last 45 years. She is an icon and the longevity of her music is a testament to her incredible talent.”

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Notes to editors

Unless the context otherwise requires, capitalised terms used in this announcement have the meanings in the Prospectus.

The Company is a non-cellular Guernsey company. The Company’s Investment Objective is to provide investors with an attractive level of regular and growing income and capital returns from investment primarily in high quality, music intellectual property. In order to achieve its Investment Objective, the Company will invest in a songwriter’s copyright interest in a musical composition or song (being their writer’s share, their publisher’s share and their performance rights) together with the rights in the recording of the musical composition or song (known as the master recording rights) together with all such rights and assets considered by its investment manager, Round Hill Music LP (“Round Hill“), to be ancillary thereto.

Founded in 2010, Round Hill is a fully integrated owner and operator of music copyright properties and the sixth largest music publishing company in the US. Headquartered in New York with additional offices in Nashville, Los Angeles and London, Round Hill has an experienced management and investment team with an established reputation and extensive experience in the music and finance industries.