Music Featured on Telemundo Programming

Collect royalties every time this Telemundo-published song airs on Titulares y Mas and other Telemundo shows.

$16,750

closing price

Auction Closed

Top Bid: Carl P

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: $8,000
Bidding Increment: $250
Closing Price: $16,750
End Date: Jan 06, 2017, 3:00 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $4,008
Royalty Type: Public Performance
First Payment: January 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

Here is a straightforward auction for the songwriter's share of public performance royalties for one song, "Que Suenen Los Tambores." This song has enjoyed frequent use on the show Titulares y Mas, a popular nightly sports and entertainment program on the American Spanish-language network Telemundo. One interesting aspect of this auction is that Telemundo owns the publishing rights for this song. This is important because Telemundo has incentive to use the song in shows that air on its network, because every time the song airs, Telemundo earns a royalty as well.

In the last 12 months, royalties for this asset totaled $4,008.

BMI will distribute the royalties to the winner of this auction on a quarterly basis. The winner of the auction will receive the first royalty check in January 2017. More detailed information can be found in the “Financials” tab.

What is being sold?

100% of the seller's interest in the songwriter's share of public performance royalties attributable to the musical work "Que Suenen Los Tambores” and related cues.

How does this asset make money?

Every time a network airs a television show that uses this song, the asset generates a public performance royalty. This means every time Telemundo airs an episode of Titulares y Mas, or any other show uses this song and airs on television, you earn money.

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

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