-
Royalty Exchange Completes 1,000th Transaction
October 12, 2020 at 1:20 AM (PT)
What do you think? Add your comment below. -
ROYALTY EXCHANGE, the music royalty marketplace, completed its 1,000th transaction, accounting for $84 million, thanks to the market for music catalogs and growing investor interest in royalties and companies like MERCK MERCURIADES' HIPGNOSIS SONGS FUND.
With the majority of assets sold going for under $1 million, ROYALTY EXCHANGE offers a contrast to some of the other investment funds buying up music catalogs from the "1%" of superstar artists and producers today, by allowing "the other 99%" of creators to gain income off assets that aren't in the seven-figures.
ROYALTY EXCHANGE has hosted transactions of royalties from songs performed by the likes of KANYE, BETYONCE, TAYLOR SWIFT, ALICIA KEYS and "Star Trek" film residuals, among many others.