Trance Music Catalog - Masters & Copyrights

Own 100% of the sound recording copyrights and all associated royalties for a catalog of psychedelic trance music released by independent labels Neurobiotic Records and Indica Music.

$21,000

closing price

Auction Closed

Top Bid: Jeremiah S

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: $13,000
Bidding Increment: $500
Closing Price: $21,000
End Date: Dec 15, 2016, 3:00 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $3,742
Royalty Type: Digital Sales, Streaming & Sync
First Payment: January 2017

Description

Bid now to own and control 100% of the sound recording copyrights and associated royalties for a 470-song catalog of psychedelic trance music from indie labels Neurobiotic Records and Indica Music. These tracks are distributed by INgrooves in digital music outlets like iTunes, Google Music, Spotify, Pandora and Beatport, and have earned $3,742.40 in royalties in the last 12 months.

Since January 2008, this catalog has generated $73,232.30 through its distribution agreement with INgrooves. INgrooves has limited exclusivity in distributing to its channel partners, but the owner of this catalog has the right to distribute outside of the channels used by INgrooves. That means the winning bidder of this auction may be able to monetize the catalog in ways that are not currently being explored.

Neurobiotic Records has been active in the psychedelic trance scene since 2001 and has continued to release records up through 2016. It organized the first trance festivals in Italy from 2005-2007, called “Sonica,” which attracted more than 15,000 people from all over the world. Indica Music is a sublabel of Neurobiotic Records and its most significant release, Cell's album Phonic Peace, continues to be a top earner for this catalog more than 10 years after its 2005 release.

*Important note on the closing process*

The distributor, INgrooves, reserves the right to deny an assignment of the seller's distribution agreement to a third party purchaser. As a part of this auction's closing process, the seller will disclose the winning bidder to INgrooves as the proposed assignee. If INgrooves denies the assignment, the winning bidder will have the option of (1) directing the seller to terminate the INgrooves agreement so that the winning bidder can enter its own agreement with a different distributor, or (2) canceling the deal and having its money returned.

What is being sold?

100% of the sound recording copyrights and all associated royalties for a catalog of musical works released by Neurobiotic Records and Indica Music, currently distributed by INgrooves.

How does this asset make money?

Every time a song in this catalog is streamed online, digitally downloaded, or played on satellite radio, the winner of this auction will earn a royalty. The royalties for this catalog are currently distributed monthly by INgrooves and the next check is scheduled for January 2017.

What rights are included?

About the Royalty Distributor

INgrooves Music Group, a leader in the independent music distribution and marketing industry, provides independent labels, established artists and other content owners with the most transparent and scalable distribution tools including analytics, rights management services, and thoughtful marketing solutions to maximize sales in today’s dynamic global marketplace.

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