The company says the first part of its acquisition bought everything above except for the minority stake in the Carlin portfolio, which will be acquired in the planned second step that should be complete by March 31. The company says that the stake, which will cost an estimated $81.14 million, represents 29.14% of the Carlin copyrights. That means that the Carlin America catalog that Round Hill acquired in January 2018 for $245 million now carries a valuation of $278.5 million.
The overall portfolio, including the completed part and Carlin, generated $22.4 million in net publishers share, or gross profit after paying songwriter royalties, for the 12 months ending June 30, 2020 -- or a 16.2 times multiple of the $363 million valuation that the portfolio caries.
I want to be able to purchase other catalogs. Any tips with this? Would I have to go public or private investors?