“As someone who grew up idolizing the bands and albums Steve Lillywhite produced, it is an honor to partner with him on this exciting transaction,” Round Hill Music CEOsaid in a statement. “Steve’s catalog includes royalties to some of the most sought-after songs and albums of all time. We are thrilled to have reached this milestone transaction.”
For his part, Lillywhite added in a statement that the deal brings his catalog under “a kindred spirit [Gruss], who is a pioneer in the music royalty business and the ideal partner for me and my family as I look to my next steps.” According to the announcement on the transaction, Lillywhite has produced or contributed to more than 500 records in his more than four-decade career. During that time, he won the Grammy for Producer of The Year in 2006 for U2’s , which also won the Grammy for Album of the Year and Best Rock Album. He also won Grammys as one of the engineers/mixers listed on U2’s “Beautiful Day” and “Walk On,” which won Record of the Year in 2001 and 2002, respectively.
Other acts Lillywhite has produced or worked with during his career — and whose music is part of the acquisition — include XTC,
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