Music Featured in Reality TV Franchises
Collect royalties from a sizable production catalog with music featured on some of TV's hottest reality shows: The Real Housewives franchise, Love & Hip-Hop, HBO's VICE and many others.
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- Closed July 24, 2017
- Life-of-rights term
- Musical Composition
- ASCAP
About This Auction
- Musical Composition
- Public Performance
- No
- Distributors
- ASCAP
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- Life of author + 70 years
- 25% of Last 12 Months' Royalties
- $8,382
- First Payment
- August 2017
- Fees
- $75 ASCAP Assignment Fee
- Starting Price
- $25,000
- Bidding Increment
- $750
- Closing Price
- $37,000
- End Date
- July 24, 2017, 3:04 PM MDT
Description
Up for bid here, is a catalog of production music that's generated $8,382 over the last four quarters. This auction offers 25% of the of royalties for music used in the franchises The Real Housewives, Love & Hip-Hop and many other recognizable TV series and films.
Earnings have shown an increase over the last three consecutive quarters. In fact, the royalties for Q2 2017 are more than the three preceding quarters' earnings combined! The increase is attributable to three shows: syndication airings of NBC's Law & Order: Special Victims Unit, Bravo's Married To Medicine and The Real Housewives of Potomac.
Bravo's The Real Housewives reality franchise anchors this catalog. It features music in the franchise's most popular show, The Real Housewives of Atlanta, which also is the catalog's highest earning source at 32%. According Bravo Media's end of 2016 press release, the network finished the year with the largest on-air and digital growth among the Top 10 ad-supported cable networks. The recent growth of the network means each time an episode of any of the The Real Housewives series with music from this catalog airs on TV or streamed from the Bravo website, you will receive a royalty.
Production music is an important part of the TV industry. This type of music is used as background or transition music you hear during TV shows, commercials, or during radio programming. Currently, the demand for music in TV shows, films, commercials etc. is at an all-time high. Over the last six years, global TV production activity has doubled.
Want to learn more about production music? Check out our guide here.
Key Drivers
This auction is for 25% of the of royalties of the catalog, the songwriter is retaining a 75% share. This means that they still hold a vested interest in the catalog and will continue to have their publisher look for placements. You and the songwriter will earn royalties whenever these songs get placed in TV shows or movies.
What's also noteworthy, is that the songwriter has confirmed with their publisher that music from the catalog has new placements, such as The Real Housewives of Potomac and HBO's documentary series VICE. The Real Housewives of Potomac just earned its first payment in Q2 2017, and on aired its final reunion episode on July 16, 2017. If music from this catalog is used in an episode of The Real Housewives of Potomac that has recently aired, you will collect these earnings next quarter.
Some of the songs in the catalog are worked by well-known publishing companies BMG and 5 Alarm. BMG recently placed a song from the catalog in the feature film “Perfect Match” while 5 Alarm placed a track in “Monster Trucks.” Should you win this auction, you will also benefit from these companies' efforts to find new placements for the catalog's works.
What is being sold?
25% of the seller's interest in the of royalties attributable to select musical works in the seller's catalog of songs administered by ASCAP. See the “Financials” 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 royalty is generated. This means every time an episode of The Real Housewives or Love and Hip Hop, or any other show, 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 August 2017.
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.
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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.