Round Hill expands portfolio with Big Loud Shirt acquisition

(Alliance News) - Round Hill Music Royalty Fund Ltd on Tuesday said it acquired the remaining ...

Alliance News 8 August, 2023 | 8:32AM
Email Form Facebook Twitter LinkedIn RSS

(Alliance News) - Round Hill Music Royalty Fund Ltd on Tuesday said it acquired the remaining share of Big Loud Shirt Industries LLC's publishing rights.

Round Hill, which invests in evergreen music catalogues, has a portfolio which includes songs by artists such as Dion, Carrie Underwood, The Supremes, Bonnie Tyler and Bruno Mars. It is headqaurtered in Guernsey.

Big Loud Shirt is a Nashville-based record label.

Round Hill said it now wholly owns Big Loud Shirt's "globally renowned" country music catalogue of more than 1,200 songs.

The investor also said on Tuesday it has acquired 50% of the writer's income streams from country music songwriter and producer, Craig Wiseman. He is the founder and owner of Big Loud Shirt, Round Hill said.

The company added that the acquisition will enhance its revenue and net asset value.

Round Hill Chief Executive Officer Josh Gruss said: "Craig Wiseman and his publishing company, Big Loud Shirt, have produced some of the highest profile, most recognisable and enduring country music hits of the last three decades, bringing them firmly in line with the song profile of the company's portfolio.

"This investment not only enables us to further increase Round Hill Music's exposure to the fast growing country music genre, but also provides an exciting opportunity for us to leverage our in-house platform to manage these incredible songs, maximising their income streams and further growing their value."

Shares in Round Hill were trading flat at USD0.70 each in London on Tuesday morning.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Round Hill Music Royalty Ord

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures