Christian Film Rights: "Faith's Song"

OVERVIEW

This asset includes 100% ownership of the copyright and all related rights and royalties from the independent Christian film “Faith’s Song.” The film was released theatrically in South Carolina in January 2017. It has since been distributed (both digitally and on DVD) by Bridgestone Multimedia Group (BMG-Global). 

This is a rare chance to own 100% of an intellectual property asset. Instead of a purely passive royalty interest, the purchaser of this asset will control all rights – subject to the remaining term of the current distribution agreement – to the independent Christian film “Faith’s Song.” Owning these rights will allow the purchaser to take an active role in monetizing the film for future profit.

The distribution agreement – which initially ran for five years and was renewed for a two-year on March 31, 2022 – provides for a 50/50 net profits split between the seller and BMG-Global. To date, the seller’s 50% net profits share has earned $90,108.33. In the last four quarters, the 50% share has earned $20,156.33.

The film has been well received on Amazon Prime Video, with a 4.6/5.0 rating over 346 reviews. 

Another compelling aspect of this asset is that all cast, crew, and investor profit participation agreements – which were valid for five years from release and expired in April 2022 – have already been satisfied. That means that aside from the terms of the distribution agreement, the purchaser will own the film and its profits free and clear from any deductions or ongoing payment obligations.

Investors who are verified to bid on the Royalty Exchange marketplace are welcome to review all of the documents associated with the film here: www.dropbox.com  If you are a verified investor, please email us to request a password to the folder.

The sale will also include all physical materials in the seller’s possession, including physical drives containing the raw footage shot on cinema camera and professional DCP master. The seller will ship these materials to the purchaser promptly upon closing.  The buyer will also receive digital online master copies with master music.

POST-SALE 

The sale of this asset will include the assignment of the copyright of the film as well as the current distribution agreement with BMG-Global. The purchaser will be responsible for registering the copyright assignment with the U.S. Copyright Office, and will be subject to the exclusive license agreement with BMG-Global for the remainder of the term. The term of the BMG-Global license agreement expires on 3/31/2024 and will automatically renew unless terminated by either party with 30 days written notice.