Production Music: CBS's “How I Met Your Mother”
Collect royalties from this catalog that features music used in nine-time Emmy-winning comedy “How I Met Your Mother,” along with other network and reality TV series and film placements.
- Closed July 28, 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
- 75% of Last 12 Months' Royalties
- $4,911
- First Payment
- August 2017
- Buyer's Fees
- $75 ASCAP Assignment Fee*
- Starting Price
- $13,000
- Bidding Increment
- $500
- Closing Price
- $29,500
- End Date
- July 28, 2017, 2:07 PM MDT
*A one-time ASCAP reassignment fee of $75 will be added to the final sale price on the invoice.
Description
Production music is a central part of the TV industry. It's used in the background, during scene transitions and opening and closing credits of TV programs, commercials and films. The industry demand for this type of music is increasing, as global TV production overall has doubled in the past six years.
Up for bid is 75% of the writer's share of public performance royalties for a production music catalog. This catalog boasts diverse earning sources for its songs' placements, with numerous network TV series: How I Met Your Mother, The Mindy Project, CSI: Cyber, Elementary, Arrow, among others. It also earns from placements in popular cable reality shows like Jersey Shore and True Life and a includes a long placement in 2015 feature film Get Hard. In the last 12 months, this collection of music has generated $4,911 in earnings.
The catalog's largest earning source is CBS's popular How I Met Your Mother, with 49% of historic royalties. The show has seven placements with music from the catalog used across five separate episodes, with one episode having three individual placements. The nine-time Emmy-winning How I Met Your Mother, ran for nine seasons and is airing in syndication on cable networks F/X and Lifetime, along with Netflix.
Get Hard is the catalog's second highest earning source. The film features immensely popular comedians Will Ferrell and Kevin Hart. Currently, it's just starting to experience TV royalties as Get Hard airs on premium channel HBO and Pay Per View. As with the standard trend, the film will could go on to air on other premium networks, then possibly make its way to cable networks afterwards. Every time the film airs on TV, you'll earn a royalty!
Key Drivers
This auction is for 75% of the of royalties of the catalog. The songwriter is retaining a 25% share. This means that they still hold a vested interest in the catalog and will continue to have their publishers like look for placements. The songs in the catalog are worked by boutique publishing companies such as Bulletproof Bear. You and the songwriter will earn royalties whenever these songs get placed in any TV or film placements as a result of the publishers' efforts.
What is being sold?
75% of the seller's interest in the of royalties attributable to select musical works in the seller's catalog of songs a 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 How I Met Your Mother 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.
Similar Auctions
Interested in reviewing some past production music auctions? Check out the links below:
Music Featured in Reality TV Franchises
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.