Round Hill Music Names Randy Jackson and John Greenberg as Advisors

Round Hill Music LP said Friday that the producer and ex American Idol judge Randy Jackson and management executive John Greenberg have joined the company as consultants.

Round Hill hopes the addition of Jackson and Greenberg will help it connect with a broader artist community and enhance its ability to “source and secure timely access to high-quality music rights investment deals in a competitive environment for high-end assets.” quality”, according to the press. release.

Founded by Josh Gross in 2010, Round Hill Music is a private fund that manages a portfolio of song rights worth about $900 million, according to the company. Concord acquired Round Hill's publicly traded business, Round Hill Music Royalty Fund, last September in a deal initially valued at $469 million.

Gruss said Jackson and Greenberg's partnership will create business opportunities by strengthening the company's relationships with artists and songwriters.

“As one of the world's largest independent music rights holders, we have high ambitions to increase our exposure to high-quality, iconic music that stands the test of time and continue to nurture the community of creators through our wider team, which includes records tags, neighboring rights specialists and sync specialists,” Groos said in a statement. “We look forward to working with Randy and John to accelerate these ambitions and continue to unlock the incredible potential of music on behalf of all of our artists, writers and investors.”

A longtime musician and former A&R representative at Columbia Records and MCA Records, Jackson was an executive producer on the MTV series America's Best Dance Crew as well as one of the original judges on American Idol.

During his career, Jackson has collaborated with Smokey Robinson, Whitney Houston, Aretha Franklin and performed with stars such as Mariah Carey, Bob Dylan, Billy Joel, Bon Jovi, Keith Richards, Journey, Carlos Santana, Bruce Springsteen, Jerry Garcia and Bob Weir. According to the release, Jackson has earned more than 1,000 gold and platinum plaques, with over 200 million albums sold worldwide.

Greenberg is COO/Founder of the management company Shorebreak International. Since 1988, he has collaborated with artists such as Steven Tyler, John Taylor of Duran Duran, John Corabi of Mötley Crue, Duff McKagan, Nickelback and Ratt.