Round Hill Music Announces Acquisition of David Coverdale Catalogue

14 January 2022 - Press release

Round Hill Music Royalty Fund Limited is pleased to announce that the Company has acquired the music publishing, master rights and master rights royalties for, and entered into a long-term administration agreement for the neighbouring rights income from, the catalogue of David Coverdale. 

David Coverdale is the iconic rock frontman best known for his role in Whitesnake, of which he was a founding member. Coverdale was also the lead singer of Deep Purple from 1973 to 1976, featuring on their albums “Burn” and “Stormbringer” both of which were certified gold in the UK before the band’s break-up in 1976. Following this, Coverdale released two solo albums “White Snake” (1977) and “Northwinds” (1978). After founding Whitesnake in 1978, Coverdale was present for all of the band’s major successes including the 1987 multi-platinum self-titled album and the 1989 “Slip of the Tongue” album. In 1990 Coverdale co-wrote with Hans Zimmer and Billy Idol, the song “The Last Note of Freedom” for the Tony Scott film “Days of Thunder”. 

The acquisition includes hit songs such as: “Here I Go Again”, “Crying in the Rain”, “Fool for your Loving”, “Is This Love”, “Still of the Night”, “Slow an’ Easy”, “Burn” and “Stormbringer” and the aforementioned “The Last Note of Freedom.” 

In 2016, Coverdale was inducted into the Rock and Roll Hall of Fame. 

David Coverdale said, “I am thrilled beyond words to joyfully announce that my existing catalog of works, both songs and master recordings, which I have been involved in creating for over 50 years, is now in exceptionally safe hands with the fine people at Round Hill. I look forward immensely to working together with Josh Gruss and all at Round Hill to ensure the legacy of my existing works for future generations to enjoy.” 

Trevor Bowen, Chair of Round Hill Music Royalty Fund Limited said, “The Board is pleased to provide RHM shareholders with access to David Coverdale’s own legendary catalogue of hits as the frontman from one of best-known rock bands of all time, who helped to define an era of music. We are delighted to be deploying capital into such high-quality acquisitions while continuing to evaluate further attractive opportunities.” 

Josh Gruss, Chairman and CEO of Round Hill, the Company’s investment manager, commented, “David Coverdale is a true rock icon. As the frontman for two of the world’s greatest bands, Whitesnake and Deep Purple, he has blazed a trail since the early 70s, and his legacy and influence on the generations of artists that followed him cannot be understated. To have been entrusted with David’s work is a proud day for Round Hill.”