Music From TV Show "Cheaters"

Collect sizable publishing royalties from theme music used in every episode of the long-running reality TV series Cheaters.

$228,000

closing price

Auction Closed

Top Bid: mark h

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: $200,000
Bidding Increment: $4,000
Closing Price: $228,000
End Date: Aug 30, 2017, 2:00 PM MDT
Investment Term: Life of author + 70 years
50% of Last 12 Months' Royalties: $40,349
Royalty Type: Public Performance
First Payment: November 2017
Fees: $75 ASCAP Assignment Fee* & $50 Account Set Up Fee**

*A one-time ASCAP reassignment fee of $75 will be added to the final sale price on the invoice.

**Assignment of publisher royalties must be assigned to an ASCAP publisher account. ASCAP charges a $50 setup fee to create an account, this will be paid by the buyer upon account setup on ASCAP's website.

Description

Invest in the publisher's share of public performance royalties for music used in the hidden-camera reality TV series Cheaters. Along with a nine-year earning history, this collection of songs has produced $40,439 in royalties in the last 12 months.

Up for auction is 50% of the publishing royalties for this catalog, which features both the theme as well as background music that's used in every episode of the Cheaters franchise. Each episode follows the same format, and therefore uses the music from this catalog repeatedly and consistently.

The weekly syndicated Cheaters began airing in 2000 and has taped 15 seasons to-date and is currently hosted by Clark Gable. As the winner of the auction, you will collect royalties every time Cheaters airs on TV.

The program currently airs on VH1, as well as other broadcast syndicate stations. If you're at all familiar with the show, you will recognize the music from this collection. Click on the “Media” tab to listen.

Key Drivers

This auction is for 50% of the publisher's share of public performance royalties of the catalog. The seller is retaining a 50% share. This means whenever music from this catalog is used in an episode of Cheaters that airs, both you and the seller will earn a royalty.

The music in this collection is not only played at the outset of any given episode of Cheaters, but it's also featured throughout the episode. This asset differs from a typical production music catalog because the music is used frequently throughout the episode and series. You'll earn multiple royalties per show airing. Want to learn more about theme songs? Check out our blog post here.

What is being sold?

50% of the seller's interest in the publisher's share of public performance royalties attributable to the seller's catalog of musical works. See the “Financials” tab for a full track list.

How does this asset make money?

Every time a network airs a television show that uses any of the songs in this catalog, a public performance royalty is generated. This means every time an episode of Cheaters uses a song from this catalog and airs on TV, you will earn money. ASCAP makes payments quarterly and the first distribution you will receive is November 2017.

As a part of the sale, the seller will collect ASCAP’s domestic royalty distribution on September 22, 2017. The winner of this auction will collect royalties beginning with the international distribution on November 13, 2017.

Note: Airings of Cheaters episodes drive the royalty earnings for this catalog. If Cheaters goes off the air, performance royalties could significantly decrease.

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.

Similar Auctions

Take a look at a few closed auctions that include theme/production music:

Theme Music: "In Touch Ministries"

Theme Music: ABC News Flagship Shows

 

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