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Round Hill and Zync Music End Legal Dispute Over Joint Venture Partnership
Round Hill and Zync have officially ended their legal dispute stemming from their 2017 joint venture agreement. The conflict, which began in May 2024, centered around a complex buyout arrangement and valuation disagreement.
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Zync and Round Hill logos
The dispute originated from a 2017 deal where Zync sold certain assets to Round Hill's second royalty fund. The parties also established a joint tenancy agreement, with Zync managing daily operations while Round Hill provided funding and infrastructure support.
Key developments in the resolution:
- A November 2024 ruling required a new third-party appraisal
- Parties reached an agreement on January 7th regarding the appraiser selection
- The case was dismissed with prejudice following the appraisal
- Zync has rebranded as Round Hill Music Sync on LinkedIn
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Round Hill Music logo on blue
While the final valuation remains undisclosed, the resolution marks the end of a contentious period between the two companies. Round Hill continues to face separate legal challenges, including an ongoing contract dispute with rapper B.o.B dating back to 2022.
The settlement demonstrates the complexities of music industry joint ventures and the importance of clear valuation mechanisms in buyout agreements.
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