March 3, 2021
“New York-based Round Hill Music has launched a new neighboring rights division called Sound Hill.
Round Hill has been collecting its own label share of neighboring rights since 2015 and the company says that the launch of Sound Hill “is in recognition that this is one of the music industry’s fastest-growing revenue streams”.
Sound Hill will be overseen by Robert Brenner, Manager of Royalty Services and Label Operations at Round Hill.
His team will be responsible for ensuring each artist’s repertoire is registered accurately with neighboring rights societies worldwide, tracking international income, and optimizing data.
A key part of Sound Hill’s offering will be the provision of royalty financing for neighboring rights.
The company aims to pay cash for a full or partial acquisition of these rights, or cash advances in exchange for long term administration rights with a pre-determined commission on the royalties collected.”