Music Played In Television Shows Across 90 Networks
Bid on 90% of the BMI songwriter royalties generated by a catalog of diverse production music that has been used in over 450 television shows.
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: | $63,000 |
| Bidding Increment: | $2,000 |
| Closing Price: | $69,000 |
| End Date: | Oct 21, 2016, 3:04 PM MDT |
| Investment Term | Life of author + 70 years |
| Last 12 Months' Royalties | $16,653 |
| Royalty Type | Public Performance |
| First Payment | January 2017 |
| Fees | $500 or $49/year* |
*BMI's fee to create a new payee account is $500. Royalty Exchange will happily administer these royalties so you don't have to create an account. That service costs $49 per year.
Description
Bid on 90% of the BMI songwriter royalties generated by a catalog of diverse production music that has been used in over 450 television shows. These songs have appeared on The Real Housewives of Orange County, Love & Hip Hop Hollywood, My Big Fat Fabulous Life and on networks like Bravo, VH1, TLC and MTV.
The background music played during television shows is considered production music. While sometimes overlooked by the audience, this music can be a consistent royalty income producer. Since 2013 this catalog has earned an average of $14,901 a year and in the last 12 months the earnings grew to $16,653.52. These numbers reflect 90% of the income earned by this catalog.
Additionally, included in this catalog are over 150 new songs that have yet to earn royalties. That means if these songs get placed in TV shows, the winner of this auction will have the potential to earn additional income.
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?
90% of the seller’s interest in the songwriter’s share of public performance royalties for a collection of musical works from the seller’s BMI catalog.
how does this asset make money?
Every time a network airs a television show that uses any of the songs in this catalog the asset generates a public performance royalty. This means every time an episode of My Big Fat Fabulous Life, or any other show, uses a song from this catalog and airs on television, you earn money.
what is interesting about this asset?
This a diverse catalog, including tracks from various genres: Pop, Dance, R&B, Orchestral, and more. The music in this catalog has been used in over 450 TV shows across 90+ TV channels such as Bravo, VH1, TLC, MTV and more.
Tracks in this catalog are licensed to several music distribution libraries that work to get production music placed in TV shows and movies. One of these libraries is administered by Peermusic, which is the largest independent music publisher in the world. Another library is owned by Ole, which is the world’s fastest-growing independent rights management company.
The winner of this auction can have confidence knowing that two major players in the industry are continually working to get tracks in this catalog placed in TV shows and movies, which will, in turn, translate into public performance royalty payments.
what rights are included?
This auction is for 90% of the royalty earnings from the seller’s public performance rights as the songwriter for this BMI catalog. “Public performance rights” are rights songwriters license to third parties to play their music in public. The seller is registered with BMI, who issues licenses on the seller’s behalf and collects and pays royalties to the seller. Any time these songs are streamed on the Internet, or appear in a television show or movie, the songwriter earns a royalty.
The seller will retain the ownership of his interest in the musical composition and sound recording copyrights.
about the royalty distributors
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.