Master of Funk George Clinton

Publisher royalties from a catalog of songs written, produced, and recorded by George Clinton including his collaboration with Tupac, “Can't C Me.”

$18,000

closing price

Auction Closed

Top Bid: Carlon C

Overview

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: $6,000
Bidding Increment: $150
Closing Price: $18,000
End Date: Mar 17, 2017, 2:18 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $1,549
Royalty Type: Public Performance
First Payment: June 2017
Fees: $500 BMI Payee Account Fee*

*BMI charges a one-time fee of $500 to open a new payee account, which will be debited from the payee's first royalty distribution. Once opened, multiple royalty streams can be routed to the buyer's payee account. If you already have a BMI payee account, there is no fee.

Description

This is a rare opportunity to collect publishing royalties from music by legendary funk master George Clinton. Known as one of the foremost innovators of funk music, Clinton's career spans over half a century as a singer, songwriter, bandleader, and record producer. Clinton's impact doesn't stop there. His influence also crosses over into hip-hop through his collaborations with other artists, and his infectious beats have made him one of the most sampled artists of all time.

Up for auction is 100% of the seller's interest in the publisher's share of public performance royalties for a catalog of 59 songs by George Clinton. In the last 12 months, this asset generated $1,549 in royalties.

The catalog is highlighted by Clinton's collaborations with Tupac on “Can't C Me,” and Too $hort on “It's a Cold Day (The Funk Wit U Mix).” “Can't C Me” is from Tupac's last album released in his lifetime--All Eyez on Me. Many of the other songs in the catalog are from Clinton's “Family Series” albums. The Family Series consist of recordings from various bands that Clinton was associated with. Now you can earn money every time one of these 59 songs is played on the radio, streamed, used in a TV show that airs, or any other type of public performance.

What is being sold?

100% of the seller's interest in the publisher's share of public performance royalties attributable to the musical works in the seller's BMI catalog. See the “Documents” tab for a full track list.

How does this asset make money?

Every time “Can't C Me” or any song in this catalog, is played on the radio, iTunes, Pandora, Spotify, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution the buyer will receive is June 2017.

What rights are included?

  Musical Composition Sound Recording
Copyright included: No
Rights:
Mechanical
Performance
Synch
Sales
Performance
Synch
Royalty 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.
Distributed by: BMI

About the Royalty Distributor

BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.

Financials

Documents

Media

Post-Auction Process

Attention

This action is restricted to Royalty Exchange users.
Please, sign in or create a free account to continue.

Sign In Register