TV Series "Glee" - Profit Participation

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WHAT IS BEING SOLD.  Profit participation income in the TV series "Glee." Profit participation is the right to receive a share of profits generated by a film or TV project. Producers, actors, showrunners, and other important contributors to a film or TV project enter into an agreement with the studio to receive a portion of the profits in return for their work on the project. "Glee" is distributed and monetized by Twentieth Century Fox and you’ll receive income based on the profits generated by the show.

Income is generated when:

• "Glee" airs on broadcast television 
• "Glee" is watched on video streaming platforms
• Music created for "Glee" is used (including music publishing and sound recording royalties)

Note: The participation income is dependent upon the series’ proceeds exceeding its costs and expenses. This calculation is done by the distributor of the series. 

To see where “Glee” is available now check TV Guide's Where To Watch.
 

PAYMENT SCHEDULE. Statements are generated and paid annually in July. Prior to 2022, the reporting frequency was semi-annual. The winning bidder's first payment will be processed in July 2023.

MATCHING RIGHT. The royalty payor holds a matching right on any sale of the income generated by this interest. The royalty payor will have the opportunity to match the winning bid after this sale closes. If you are the winning bidder, the royalty payor must first decline their matching right before your ownership will be finalized. 

This catalog will not be automatically added to the Secondary Market of The Exchange. The winning bidder can contact Royalty Exchange to relist.