Round Hill starts buying songs - spends $282m on The Beatles, Marvin Gaye hits

The newly-established UK fund Round Hill has just acquired over 18,000 songs from another Round Hill-managed fund, for $282m, and it now owns Beatles classics ('She Loves You', 'I Saw Here Standing There'), plus songs recorded by The Rolling Stones, Backstreet Boys, Otis Redding, Britney Spears, John Lee Hooker, Marvin Gaye, Martha & The Vandellas, and The Supremes. Next up for Round Hill’s UK-listed fund is the acquisition of a 29% stake in the 100,000 copyrights previously owned by music publisher Carlin, which includes classic songs recorded by artists such as Elvis Presley, Meatloaf, James Brown, and Billie Holiday, for an estimated $81m, Music Business Worldwide reports.