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.
Jan 09, 2017, 3:02 PM MST
Life of author + 70 years
Last 12 Months' Royalties:
$75 ASCAP Assignment Fee
Production music is a vital part of the television industry. And the songs heard in the background, during scene transitions, and in opening and closing credits can generate significant royalty payments. This is the chance to collect royalties for a catalog of production music that has generated $12,059 in the last four quarters.
Up for auction is 50% of the seller's publisher share of public performance royalties for over 800 tracks of production music. This music has been used in over 1,800 episodes of television across 200 different shows in the last three years. The catalog has seen placements on networks like VH1, MTV, E! and more.
The seller will maintain a writer's share in over 30% of the tracks, so he will continue to have a vested interest in getting placements for the catalog. Not only that, but this catalog includes tracks that are licensed by Jingle Punks, a music publisher and licensing company that will work to find new placements for this music in upcoming television programming. Also, many of the tracks continue to be available for use in the NBCUniversal database as part of the Viacom database. When new placements are found for this music, this creates new opportunities for you to collect public performance royalties!
Bid now to earn money every time an episode of Basketball Wives, or any other show,uses a song from this catalog and airs on television.
What is being sold?
50% of the seller's interest in the publisher's share of public performance royalties generated by a selection of musical works in seller's catalog of songs administered by ASCAP. 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 the asset generates a public performance royalty. This means every time an episode of Love and Hip Hop, or any other show, uses a song from this catalog and airs on television, you earn money. ASCAP makes payments quarterly. The next ASCAP international royalties payment is scheduled for February 2017 and the domestic royalties payment is scheduled for March 2017.
What rights are included?
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.
About the Royalty Distributor
ASCAP is the American Society of Composers, Authors and Publishers (ASCAP), a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. Through agreements with affiliated international societies, ASCAP also represents hundreds of thousands of music creators worldwide.
Public performance royalties are payments made by radio stations, hotels, restaurants, night clubs, etc. to the composition copyright holder(s) for each public performance of the copyrighted work. In the U.S., public performance royalties are typically paid to performing rights organizations (e.g., ASCAP, BMI) who then distribute the royalties to the copyright holder(s).
Mechanical royalties are royalties deriving from per-unit payments made by recording companies or digital download providers to the composition copyright holder(s) for every purchase of a sound recording that reproduces the copyrighted composition.
Non-interactive digital performance royalties are payments made by non-interactive music services (i.e. those that mimic the experience of a radio broadcast) of a statutorily-set amount (on either a per-play or annual basis—depending on the type of service) to SoundExchange for the benefit of the sound recording copyright holder and the performing artists for the right to perform the copyrighted sound recording via non-interactive, digital means.
non-interactive digital performance royalties
The royalties owed to the creator(s) of a musical composition which are paid in return for the right to reproduce, distribute, or perform the copyrighted work.
A musical composition is one of the two copyrightable parts of a recorded song. It consists of the song's music, including any accompanying words, (i.e. the portion of a song that is capable of being fully expressed as sheet music) and is separate from any particular recording of the song or its performance by any particular artist.
A sound recording is one of the two copyrightable portions of a recorded song. It results from the fixation of a series of musical, spoken, or other sounds in a tangible (at least momentarily permanent) medium.
The portion of royalties owed to the owner of a sound recording. The owner may the performing artist, the producer, or another party (such as a record label) who contractually acquired the ownership of the copyrighted work (e.g., through a recording agreement), owns it by virtue of an employer-employee relationship with the creator(s) of the work, or specially commissioned the work.
rights owner's share
The portion of royalties owed to the performers of a sound recording in return for the right to perform the copyrighted work via non-interactive, digital services (e.g., Pandora, Spotify).
The portion of royalties owed to the music publisher which are paid in return for the right to reproduce, distribute, or perform a copyrighted musical composition, arising from a contractual obligation (i.e. a publishing agreement) or employer-employee relationship with the creator of composition (i.e. the songwriter(s)).
If an asset requires splitting up a catalog by works or percentages, Royalty Exchange may need to provide royalty accounting services to the buyer, seller, or both. This is because the royalty distributor may not be able to split royalties as intended by the asset transfer. Royalty Exchange's involvement helps to ensure accurate royalty payments. It also helps assure buyers and sellers that they are not missing out on potential earnings.
The accounting process often involves manual spreadsheet work and coordinating with royalty distributors. Royalty Exchange's goal is for the accounting service to be temporary. We plan to work with distributors to find solutions that will allow us to revert accounting and payment obligations back to the distributor, removing ourselves from the process. In the meantime, we've instituted the 5% fee to help offset costs in the manual accounting.
Please see the sample accounting agreement document for reference.
Why does Royalty Exchange need to account?
This action is restricted to Royalty Exchange users. Please, sign in or create a free account to continue.