Production Music: Fox Sports and CBS

Invest in this production catalog with music used in Fox Sports broadcasts, popular soap operas, TV series and more. 

$47,800

closing price

Auction Closed

Top Bid: Brandy M

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: $19,000
Bidding Increment: $900
Closing Price: $47,800
End Date: May 21, 2018, 3:24 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $9,523
Royalty Type: Public Performance
First Payment: June 2018
Buyer Fees: None

Description

This auction features a collection of production music used in sports programming and reality TV series. Over the last four quarters, this catalog produced $9,523 in royalties.

This production catalog's top-placements span a variety of networks and programs, from Fox Sports to the CBS’ popular soap opera, Young And The Restless. The series itself has the eighth-highest episode count among all TV programs in the world. This collection of works features tracks from the equally recognizable soap opera, General Hospital. Both series remain in production. Anytime they air, you earn.

Featured placements through Fox Sports include NHL Hockey, NASCAR, Major League Baseball and more. These works are actively being placed across the popular sports network and have collected royalties both domestically and internationally.

Production music is a vital part of the TV and radio industry. In fact, the Production Music Association’s Joe Saba called it a “$1 billion global industry hidden in plain sight.” Right now, demand for this type of music is at an all-time high.

Key Drivers

Many of these works benefit from management by Heavy Hitters Music. Check out the "media" tab to listen to some of the works in these libraries.

Whenever production groups are creating new content — a TV program, commercial or film — they look for music within vast production music libraries, like Heavy Hitters. If music from this catalog is used in future series/shows and those shows air on TV, you will earn royalties for those performances. Essentially, as the winner of this auction, you will benefit from these songs being part of a production library, without having to work the music yourself.

If you'd like to learn more about production music, check out this link.

What is being sold?

100% of the seller's interest in the songwriter'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 Young And The Restless or any other show, uses a music from this catalog and airs on TV, you will earn money.

Royalty Exchange will administer quarterly payments from BMI. The next BMI distribution will occur in June 2018, disbursed to you by Royalty Exchange in July 2018.

Unless the buyer opts out of the opportunity, this listing will automatically be relisted as a "Buy It Now" sale at a premium over the closing price. The relisted asset will remain live until it is purchased, or until its first royalty distribution. This gives the winning bidder the chance to earn an immediate return on the asset while awaiting the first royalty payment.

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: 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.

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