Production Music With Global Earnings

Description

Up for auction is a collection of production music has been used in numerous recognizable reality TV series, sports broadcasts, cable TV dramas, news magazine shows, and a feature film.

A unique catalog featuring heavy guitar influence, lending itself to a garage band-style sound. Highlights include placements in HGTV's “Love It Or List It Vancouver," MLB Network’s “Quick Pitch,” TruTV’s “Impractical Jokers,” Food Network’s “Diners, Drive-Ins, and Dives” and NBC’s “The Fresh Prince of Bel Air.” Featured tracks also include a placement in the 2005 film Son Of The Mask.

What’s also interesting about this collection is that the majority of earnings to date come from international sources. This collection of works features a placement in Britain’s longest-running soap opera “Coronation Street,” which first debuted in the 1960’s.

This catalog generates consistent annual income streams. With earnings dating back nearly 9 years, this is a unique opportunity to collect from hundreds of different placements across TV series and commercial programming.

Key Drivers

Production Music Libraries. Production music is a vital part of the TV & radio industry. In fact, Production Music Association's Joe Saba called it a "$1 billion global industry hidden in plain sight." Right now, demand for music in TV shows, films, & commercials is tremendous. To meet their needs for all these uses, brands and production house often turn to production music libraries to find music more efficiently and cost effective than licensing commercial music. Songs in this catalog are part of both Universal and Killer Tracks production libraries, which are solicited by brands & production houses. If additional placements are found for this music, you will earn royalties without having to do any of the work!

International Earnings. The majority of this catalog’s earnings come from abroad -- over 70% of historic earnings come from outside the United States. Distribution of international royalties can take time, are often paid without a regular schedule and can be reported with limited detail. It's important to take into consideration that as the winner of this auction, you'll be entitled to any royalties paid out by ASCAP going forward, including all foreign royalties for past performances.