2,400+ Gospel Songs with Growing Royalties
This is an opportunity to own a large and profitable royalty asset — more than 2,400 traditional and inspirational gospel songs. The seller is auctioning 50% of the rights to the income generated from the sound recording copyrights for the N'Vision Entertainment catalog. This catalog contains more than 2,400 traditional and inspirational gospel songs generating a total payout of $119,729.36 over the last 12 months. Income generated from this asset has grown over the last 3 years and includes earnings from 3 different sources, one of which is a unique royalty stream not correlated to radio or streaming play. The 50% stake being auctioned also includes royalties on any future tracks added to the N'Vision catalog after the sale.
- Closed May 19, 2016
- Life-of-rights term
- $59,864 last 12 months
About This Auction
- $59,864
- Total Bids
- 1
- Starting Price
- $200,000
- Bidding Increment
- $2,500
- Closing Price
- $200,000
- End Date
- May 19, 2016, 3:00 PM MDT
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.
Financials
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Earnings over time, and where they came from.
FAQ
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Answers about the term, the bidding and the royalties.
Media
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Videos, audio and images from the catalog.