Ambient Music Used in Film & TV

Invest in public performance royalties from a catalog of ambient music available in the Megatrax production music library for use in TV, film, radio, promotion, and advertising worldwide.

$19,500

closing price

Auction Closed

Top Bid: Robert K

Historic royalty income is no indication of future royalty income. Future royalty income is dependent upon future sales and licensing revenue generated by the sound recordings or compositions associated with this listing.

Starting Price: $12,000
Bidding Increment: $500
Closing Price: $19,500
End Date: Aug 01, 2017, 3:00 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $4,047
Royalty Type: Public Performance
First Payment: August 2017
Fees: $75 ASCAP Assignment Fee

Description

Invest in songwriter royalties for a catalog of music used in film and TV worldwide. International income drives this catalog, with 48% of the royalties coming from Germany, and 34% from Brazil. In the last 12 months, this catalog generated $4,047 in public performance royalties.

Up for auction are public performance royalties from a catalog of ambient music that is available for licensing in the Megatrax library. Megatrax is a leading independent production music library for TV, film, radio, promotion, and advertising worldwide. Production music (also known as stock music or library music) is non-commercially released music licensed for use in film, television, radio and other media. Often, production music libraries such as Megatrax produced and owned the music directly.

This music appeared in films like “Grown Ups 2” featuring Adam Sandler, television shows such as “Tonight Show with Jay Leno,” programming from CNN International, and more. You can view and listen to the music available in this auction on the Megatrax site here.

Key Drivers

All music remains available to license in the Megatrax library. Megatrax is a leading independent production music library. When Megtrax finds new uses for this music in TV, film, radio, or advertising, you'll earn new public performance royalties after it airs.

What is being sold?

100% of the seller's interest in the songwriter's share of public performance royalties attributable to the seller's catalog of musical works administered by ASCAP. See the “Financials” tab for a full track list.

IMPORTANT NOTE: Possession of the songwriter’s portion of this asset must be taken via a trust, which is required due to ASCAP’s assignment policy. Please see the Post-Auction Process tab for further information.

How does this asset make money?

Every time a song in this catalog is used in a TV, commercial, or any other type of public performance, you earn royalties. ASCAP makes payments quarterly and the first distribution you will receive is August 2017.

What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
Non-Interactive Streaming
Sync
Sources: Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc. Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributors: ASCAP

About the Royalty Distributor

ASCAP is the American Society of Composers, Authors and Publishers. It is a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. ASCAP also represents music creators worldwide through agreements with affiliated international societies.

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