Production Music, Used in 200+ 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.
|End Date:||Jul 12, 2017, 2:00 PM MDT|
|Investment Term:||Life of author + 70 years|
|Last 12 Months' Royalties:||$4,696|
|Royalty Type:||Public Performance|
|First Payment:||September 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.
Production music is used as background or for transitions during TV shows and commercials and it is a vital part of the TV industry (and radio too). Right now, demand for this type of music is at an all-time high, since global TV production activity has doubled over the last six years.
We're now accepting bids for 50% of the writer's share of public performance royalties for a catalog featuring predominantly production music. Music in this catalog is featured in numerous reality TV series, sports channels, news magazine shows, a feature film and much more. Over the last four quarters, the catalog has brought in $4,696.
The catalog has diverse earning sources due to the varied use of production music. Its highest-earning track has placements in over 30 TV shows across 20 networks, including Dish Nation (a news magazine style program), NBC, Bravo, TLC and many more. Furthermore, the show The Real Housewives of Atlanta, has an impressive four quarter growth rate of over 1,000%. Of Bravo's reality franchise — The Real Housewives — the Atlanta series happens to be the most popular on the network.
Music in the catalog has appeared in over 200 shows. Notable TV series include E!'s Keeping Up With The Kardashians, TLC's Say Yes To The Dress, MSG's Bracket and NBC's Access Hollywood. Finally, a track titled “Only Time” was used in the 2012 feature film Contraband, featuring Mark Wahlberg, which has re-aired on HBO, Cinemax and F/X among others.
If you'd like to learn more about production music, check out this link.
This auction is for 50% of the songwriter's share of public performance royalties of the catalog. The songwriter is retaining a 50% share. This means that they still hold a vested interest in the catalog and will continue to have their publisher look for placements. Many of these works are managed by Jingle Punks, a boutique publishing company that places and licenses music for TV, film, video games, and advertisements. You and the songwriter will earn royalties whenever these songs get placed in any of these formats.
What is being sold?
50% of the seller's interest in the songwriter's share of public performance royalties attributable to the seller's catalog of musical works administered by BMI. See the “Documents” 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 Access Hollywood or any other show, uses music from this catalog and airs on television, you will earn money. BMI makes payments quarterly and the first distribution you will receive is September 2017.
What rights are included?
|Musical Composition||Sound Recording|
|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.|
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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