Music Used In “Modern Family” + More
Invest in a catalog with music used in the Emmy-winning series Modern Family as well as songs from an alternative rock band and an EDM artist.
- Closed May 11, 2018
- Life-of-rights term
- Musical Composition
- ASCAP
About This Auction
- $8,349
- Musical Composition
- Public Performance
- No
- Distributors
- ASCAP
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- Life of author + 70 years
- First Payment
- May 2018
- Starting Price
- $12,500
- Bidding Increment
- $750
- Closing Price
- $53,000
- End Date
- May 11, 2018, 3:16 PM MDT
- Buyer Fees
- None
Description
This auction offers royalties generated by a catalog of music from a Grammy-nominated producer. Over the last four quarters, this collection of songs brought in $8,349.
The highlighted placement in this catalog is music used in three separate episodes of the Emmy-winning series Modern Family. What’s exciting is that Modern Family is currently airing in syndication on both USA Network and local Fox Television Stations. The series is also shown on Sky One in the United Kingdom. That means anytime an episode airs with music from this catalog, you’ll collect the royalties generated from the music.
This catalog also features music performed by an artist/group. Of note is the title “One of Us” from Danish alternative rock band New Politics. The single was released in June of 2017 on their fourth studio album Lost in Translation. “One of Us” hit No. 10 on the Billboard Alternative Songs as well as No. 40 on Hot Rock Songs. Also included is another newer release “Heart Won’t Beat” from EDM artist Gazzo.
Key Drivers
TV Placements. 63% of this catalog's income comes from TV & film. These high-profile placements in Modern Family could continue to earn royalties as the show is airing widely in syndication. Every time a movie or TV show that uses one of these songs is streamed or airs on TV, you will collect money.
Commercial Artists. This catalog also generates revenue from radio and streaming, thanks to commercial music from New Politics and Gazzo. Radio accounts for 25% of historic income. Typically, tracks that experience radio play can build a foundation for other types of income. So as the radio royalties begin to slow down, other income sources (like streaming) could increase.
What is being sold?
100% 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.
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 Modern Family or any other show, uses a music from this catalog and airs on TV, you will earn money.
Royalty Exchange will administer quarterly payments from ASCAP. The next distribution is set for May 2018 to be paid to you by Royalty Exchange in June 2018.
Unless the buyer opts out of the opportunity, this listing will automatically be relisted as a "Buy It Now" sale at a premium over the closing price. The relisted asset will remain live until it is purchased, or until its first royalty distribution. This gives the winning bidder the chance to earn an immediate return on the asset while awaiting the first royalty payment.
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.
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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