Production Music Used In Sports, Cable, Reality TV
Boasting 13 years of earnings, this catalog contains music used across NBA & NHL sportscasts, network and cable series and reality TV 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:||Dec 12, 2017, 3:14 PM MST|
|Investment Term:||Life of author + 70 years|
|50% of Last 12 Months' Royalties:||$16,783|
|Royalty Type:||Public Performance|
|First Payment:||March 2018|
|Buyer 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.
This auction is for 50% of the writer's share of public performance royalties generated by a production music catalog with a 13-year earning history. The collection of songs has been used in numerous sports broadcasts, cable TV programs, reality TV series, news magazine shows and more. Over the last four quarters, this asset has brought in $16,783 in earnings.
The catalog has diverse earning sources due to the varied use of its production music. In fact, music in this collection has been used in over 700 different TV series/broadcasts! Highlights include sports programming such as World Poker Tour, NFL, NBA, NHL and NASCAR broadcasts and even Olympic Games programming. There are also placements across numerous cable TV series like Bones, Numb3rs, One Tree Hill, Sons of Anarchy, Friday Night Lights, and How I Met Your Mother. Reality TV shows that feature music from this catalog are LA Ink, Wicked Tuna, Botched, Say Yes To The Dress Atlanta and many more.
The top-earning placements over the last 12 months have been from the TV series Bones on TNT network, and E! Entertainment's Botched. This catalog's music tends to have a garage rock style with a fairly heavy sound. Check out the “Media” tab to listen to a few tracks. Because of that, the highest earning tracks — ”You Slay Me” and “Two Ton Hammer” — have received frequent placements across sports programming, and the music tends to get used in more “gritty” TV series.
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. If you'd like to learn more about production music, check out this link.
As the winning bidder, you'll acquire 50% of the writer's share of the public performance royalites generated by this catalog. The seller will be retaining the remaining 50% share. This means that they still hold a vested interest in the catalog and continues to work the catalog for placements.
For example, the seller has licensing deals with both Killer Tracks and MIBE. Killer Tracks is an online production music library resource for producers and editors of film, television, radio, advertising, video games, trailers and interactive media content. You can hear a few sample tracks from the seller's catalog on the Killer Tracks website — take a look at the “Media” tab. MIBE creates content for some of the biggest advertisers, film producers, production companies and TV.
These companies have licensed music from this catalog to their production libraries. Whenever they or production groups create an episode of a TV series or advertisement, they pull music from their vast production music libraries to use. If music from this catalog is used in future series/shows, both you and the seller will earn royalties. Essentially, as the winner of this auction, you will benefit from these songs being part of large production house libraries.
What is being sold?
50% of the seller's interest in the songwriter's share of domestic (United States) 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 TV show or commercial that uses any of the songs in this catalog, a public performance royalty is generated. This means every time “Bones” or any other show, uses music from this catalog and airs on TV, you will earn money. BMI makes payments quarterly. The seller will receive the January 2018 payment and the winning bidder will begin collecting royalties in March 2018.
What rights are included?
|Musical Composition||Sound Recording|
|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.