Legendary record producer Steve Lillywhite's music royalties from albums by U2, Dave Matthews, Rolling Stones, Talking Heads, The Killers, Peter Gabriel, Morrissey, and more have been acquired by Round Hill Music. Business Wire

Lillywhite, a British music industry veteran, has produced over 300 albums since the late 1970s. His discography includes seminal works in various genres, from alternative rock to pop and world music. Wikipedia

The acquisition of Lillywhite's music rights follows Round Hill Music's pattern of buying song catalogs from notable figures in the music industry. Billboard

Music rights, also known as music intellectual property, encompass various types of rights, including composition, recording, and performance. These rights are managed by music rights societies such as ASCAP, BMI, and SESAC. ASCAP

The sale of music rights to investors has gained popularity in recent years as a lucrative alternative investment opportunity. However, it is essential to understand the complexities of music rights and the potential risks involved. Forbes

The financial terms of the deal between Round Hill and Lillywhite were not disclosed. Variety