Theme Music: ABC News Flagship Shows

Collect significantly growing royalties from theme music used in popular ABC news programs: Good Morning America, This Week and America This Morning.

$44,000

closing price

Auction Closed

Top Bid: Jules I

Overview

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: $28,000
Bidding Increment: $1,000
Closing Price: $44,000
End Date: Jul 13, 2017, 3:13 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $9,054
Royalty Type: Public Performance
First Payment: September 2017
Fees: $500 BMI Payee Account Fee*

Description

Up for auction is 50% of the writer's share of public performance royalties for theme music used in ABC's flagship news programs: Good Morning America, This Week, and America This Morning. Particularly exciting is that this catalog's earnings have grown 170% in the last four quarters over the four previous quarters. In the last 12 months, this collection of theme music produced $9,054 in earnings.

The recent growth rate can be attributed to the catalog's steadily increasing earnings over the course of 2016. Royalties jumped from just under $600 in Q1 2016 to over $4,000 in Q4 2016. The increase is attributable to the programs Good Morning America and This Week. Combined the two shows account for 85% of total royalties for 2016.

Furthermore, as a program that airs five days/week, it's no surprise that Good Morning America accounts for 55% of the historical earnings. According to the most recent morning show ratings, Good Morning America finished No. 1 in total viewership for the last week of June 2017.

Theme music is the audio played at the outset of any given show. It differs from typical production music, because a theme song plays consistently and more often than a background/transition music. There are many variations of the theme songs in this collection. For example, Good Morning America has opening and closing tracks, as well as varying time lengths. The theme songs will be very recognizable to anyone familiar with the ABC shows. Check out the “Media” tab to listen to samples of a couple songs.

Key Drivers

1.) All song's copyright and publishing are owned 100% by ABC News. This provides incentive for them to use the tracks beyond news. For example, the Good Morning America theme was used in the 2009 Jonas Brothers' movie The 3D Concert Experience.

2.) Theme packages for network news are often reused within the same show and brand for many years, such as other ABC programs and news show themes. Every time an episode of Good Morning America or any spin off show airs with music from this catalog, you will earn a royalty.

Want to learn more about theme music and how its used in the industry? Click here to read our blog post.
 

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 Good Morning America or any other show, uses a 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
Copyright included: No
Rights:
Mechanical
Performance
Synch
Sales
Performance
Synch
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.
Distributed by: 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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Financials

Documents

Media

Post-Auction Process

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