Theme Music: "In Touch Ministries"

This catalog features growing royalties from theme music used in the long-running TV series, In Touch with Dr. Charles Stanley.

$124,500

closing price

Auction Closed

Top Bid: Kevin F

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: $72,000
Bidding Increment: $2,500
Closing Price: $124,500
End Date: Oct 03, 2017, 3:45 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $23,972
Royalty Type: Public Performance
First Payment: October 2017
Fees: $75 ASCAP Assignment Fee*

*A one-time ASCAP reassignment fee of $75  will be added to the final sale price on the invoice.

Description

We recently sold the publisher's share of this catalog. You can view that auction here. Now, we're auctioning the songwriter's share!

Here's a chance to invest in the songwriter's share of public performance royalties for theme music used in one of cable's longest running TV series: In Touch with Dr. Charles Stanley. This catalog has a nine-year earning history, and over the last four quarters has generated $23,972 of income.

Royalties for this collection of music are growing, 40% in the last 12 months. The catalog features two sets of theme music for the program In Touch with Dr. Charles Stanley. The most recent and currently airing title is “Teal Grey Sky.” This new theme song, as well as the previous theme “All That Is Good,” are both included in this catalog. “Teal Grey Sky” is seeing growth of 73% over the past four quarters, as royalties begin to come in for its repeated use.

In Touch with Dr. Charles Stanley is a television series sponsored by In Touch Ministries and hosted by Evangelical pastor Charles Stanley. The series launched in 1978 and currently airs in more than 50 languages worldwide. In the United States, the program is broadcast on 300 television stations and several satellite networks including The Inspiration Network (INSP) and Trinity Broadcasting Network (TBN). Music from this catalog is used in various lengths, with a 60- and 30-minute version, both of which are showing royalty growth. The 60-minute version airs every Saturday and the 30-minute program airs on Sundays.

Anyone familiar with the programs will immediately recognize these theme songs. Check out the “Media” tab to listen to samples.

Key Drivers

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. This catalog also features cues or more traditional production music in the In Touch franchise as well. Want to learn more about theme songs? Check out our blog post here.

What is being sold?

100% of the writer's share of public performance royalties attributable to the seller's catalog of musical works in the seller's catalog of songs administered by ASCAP. See the “Documents” tab for a full track list.

IMPORTANT NOTE: Possession of the songwriter’s portion of this asset must be taken via a trust, which is required due to ASCAP’s assignment policy. Please see the Post-Auction Process tab for further information.

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 an episode of In Touch Ministries uses a song from this catalog and airs on TV, you will earn money. ASCAP makes payments quarterly and the first distribution you will receive is October 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: ASCAP

About the Royalty Distributor

ASCAP is the American Society of Composers, Authors and Publishers. It is a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. ASCAP also represents music creators worldwide through agreements with affiliated international societies.

Similar Auctions

We recently auctioned the publisher's side of this asset. To view that auction: click here.

Here are a few other closed auctions for theme music as well: 

Theme Music: ABC News Flagship Shows

Hip-Hop: Cam'ron & Juelz Santana

Theme Song and Other Production Music

Financials

Documents

Media

Post-Auction Process

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