Massive Attack Sells Two-Thirds of Catalogue to Round Hill for Undisclosed Sum

In a major deal for music rights, British trip-hop pioneers Massive Attack have sold two-thirds of their catalog to Round Hill Music Rights. The financial terms of the agreement were not disclosed.

Massive Attack, comprised of Robert "3D" Del Naja, Grant "Daddy G" Marshall, and Mushroom, is known for their innovative fusion of electronic and organic sounds. Their discography spans over three decades and includes iconic tracks like "Unfinished Sympathy," "Teardrop," and "Angel."

Round Hill Music Rights is a leading independent music rights company that acquires and manages music copyrights. The company's portfolio includes works by artists such as Fleetwood Mac, The Rolling Stones, and The Eagles.

The sale of music catalogs has gained significant attention in recent years due to the steady revenue streams generated by streaming platforms. According to the International Federation of the Phonographic Industry (IFPI), global recorded music revenue grew by 7.4% in 2020, with streaming accounting for 80% of the total.

Music rights come in various forms, including publishing rights (lyrics and compositions) and master rights (recordings). Music rights societies, such as ASCAP, BMI, and PRS for Music, collect and distribute royalties on behalf of songwriters and publishers.

For more information on music rights and the sale of music catalogs, check out these resources:

Source: Music Business Worldwide

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