Scores from Award Winning Films & TV Shows

Invest in 20% of songwriter royalties from music used in Academy Award & Emmy Award winning films and television.

$93,500

closing price

Auction Closed

Top Bid: Andrew C

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: $50,000
Bidding Increment: $1,500
Closing Price: $93,500
End Date: Apr 27, 2017, 2:13 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $16,565
Royalty Type: Public Performance
First Payment: June 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.

Description

Bid on music from an award-winning composer whose work is featured in several top Hollywood motion pictures and television series. You can hear this music in films like The Company You Keep, Drive, Arbitrage, Dark Places, and The Lincoln Lawyer and television shows such as Life Below Zero and The Knick. Up for auction is 20% of the songwriter share of public performance royalties from over 1,200 works. Royalties for this catalog have grown in each of the last three distributions. In the last 12 months, 20% of the royalties totaled $16,565.

Two sources of growth in the last 12 months come from music used in Life Below Zero and Drive. Royalties from Life Below Zero, a National Geographic Channel Documentary series, increased 333% in the last 12 months from the previous. This Emmy award-winning series starts its 9th season on Monday, April 24th, and the songwriter has written music exclusively for the upcoming season. This means if an episode of Life Below Zero airs with any of the music in this catalog, you will earn a public performance royalty.

As for film, music used in the action movie Drive, featuring Ryan Gosling, has also seen growth. Released in 2011, the film has won multiple prestigious awards, including Cannes Best Director Award, Critics Choice Movie Award for Best Action Movie, New York Film Critics Circle Award and more. The movie is still popular 6 years after it's release. Royalties from the music used in this film are still growing, increasing 13% in the last 12 months over the previous.

Key Drivers

1) This auction is for 20% of the seller's interest in the public performance royalties. This means the seller retains an 80% share so they will continue to have a vested interest in the catalog. Not only that, but music in this catalog is actively being pitched by publishers and production agencies. When they find placements for these tracks in new shows, you'll earn new royalties.

2) This catalog includes music written for the Golden Globe Nominated film War Dogs. The movie was just released in August of 2016 and has yet to collect public performance royalties. War Dogs is currently airing on HBO and available to stream on iTunes, Amazon Video, GooglePlay, etc. So the winner of this auction will collect the first public performance royalties from this movie!

What is being sold?

20% 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 “Financials” tab for a full track list.

How does this asset make money?

If a network airs a TV show or a film that uses any of the songs in this catalog, or if that TV show or film is streamed online, a public performance royalty is generated. Also, any time a song in this catalog is played on the radio, Pandora, Spotify, or in any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is June 2017.

What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
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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