Custom Music Used In Over 600 TV Series
Collect royalties from a well-managed catalog of production music with an eight-year earning history and hundreds of TV show placements.
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- Closed January 10, 2018
- Life-of-rights term
- Musical Composition
- SESAC
About This Auction
- Musical Composition
- Public Performance
- No
- Distributors
- SESAC
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- Life of author + 70 years
- 25% of Last 12 Months' Royalties
- $18,677
- First Payment
- March 2018
- Starting Price
- $60,000
- Bidding Increment
- $2,000
- Closing Price
- $140,000
- End Date
- January 10, 2018, 3:40 PM MST
- Buyer Fees
- None
Description
Here we have a catalog of custom production music that's been used widely across hundreds of TV programs and feature films. Over the last four quarters, this asset generated $18,677 in royalties.
If you’ve watched a reality TV series, you’ve probably heard this composer’s music. Top placements include Undercover Boss, Cake Boss, The Real Housewives of New Jersey, Four Weddings, Big Brother, Jersey Shore, Fast N' Loud, American Ninja Warrior and countless others. Undercover Boss is the leading source of income to-date with 8% of royalties.
The music in the catalog has an orchestral sound which lends itself to being used more frequently. Songs within this collection have also received prominent placements within the episodes themselves, as opposed to background or transition placements. For example, in the CBS program Undercover Boss, during the reveal scene in every episode, music from this catalog is used. That means you'll earn royalties every time an episode of the series airs.
The top-performing single musical cue in this catalog is used in the TLC series Cake Boss, and has been earning consistently since 2010. Other placements include the feature films Garfield and Cheaper By The Dozen, and independent films like Tucker and Dale vs. Evil. As the winning bidder, you will earn royalties every time those films air on TV as well.
Production music usage is seeing a significant uptake thanks to the digital content boom, with Production Music Association’s Joe Saba calling it a “$1 billion global industry hidden in plain sight.” Right now, demand for this type of music is at an all-time high. If you'd like to learn more about production music, check out this link.
Key Drivers
The composer for the music in this catalog is well-known within the production music industry. Over the years, they have collected an impressive list of credits and honors. Most recently, this composer was honored for his achievements in cable TV at the 2017 SESAC Film/TV Composer Awards in June of last year.
As the winning bidder, you'll acquire 25% of the writer's share of the royalties generated by this catalog of music. The seller/composer will be retaining the remaining 75% share. This means that they still hold a vested interest in the works.
What's exciting is that songs in this catalog have been licensed to the award-winning Vanacore Music. Vanacore Music's services include a custom music division, production music libraries and music licensing expertise. Unlike typical music libraries, Vanacore specializes in creating and adapting music for shows and has a broad international distribution of their material. In fact, David Vanacore himself has been dubbed by television insiders as ‘the king of reality’ and his unique vision has earned him top honors among Film & TV composers. Vanacore is widely regarded as a leader in today's production music industry.
When Vanacore is called upon by production companies looking to use music in upcoming series, they will have access to the songs in this catalog. If any music is used in future series/shows, both you and the songwriter will earn royalties. Essentially, as the winner of this auction, you will benefit from these songs being part of the well-known Vanacore Music and its industry reputation.
What is being sold?
25% of the seller's interest in the of royalties attributable to select works in the seller's catalog. See the “Financials” tab for a full track list.
How does this asset make money?
Every time a network airs a TV show or commercial that uses any of the songs in this catalog, a royalty is generated. This means every time Undercover Boss or any other show, uses music from this catalog and airs on TV, you will earn money. SESAC makes payments quarterly and the first distribution you will receive is in March 2018.
About the Royalty Distributor
Since being established in 1930, SESAC Performing Rights has become the nation’s most innovative PRO. In a strategic move to become the United States’ only Music Rights Organization, SESAC has now acquired Rumblefish, a leader in micro-licensing, and the Harry Fox Agency (HFA), the leading U.S. mechanical rights organization. SESAC currently licenses the s of more than 400,000 songs on behalf of its 30,000 affiliated songwriters, composers and music publishers.
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.
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