Luxembourg, 27 October 2021 – ANote Music (“ANote”), Europe’s leading marketplace for investing in music royalties, is pleased to announce its partnership with Music Royalties Inc. (MRI) for which it will list 3.50% of publishing, producer and songwriter royalties streams generated from a selection of its high-profile catalogue on ANote’s platform. Through the listing, fans around the world will have the opportunity to share in the royalties of over 2000 tracks to which MRI holds the rights, including the likes of The Kinks ‘You really got me’ to modern hits such as ‘The nights’ by Avicii, ‘In my feelings’ by Drake and Flo-Rida’s ‘Whistle’. The move reflects the increasingly international scope of ANote’s operation, which in recent months has seen a series of world-renowned catalogues added to its product offering.
Tim Gallagher, Chairman & CEO of MRI, said:“At MRI, we have a strong practice of dealing with royalty investments at scale, packaging them for easy shareholder access while rapidly generating liquidity for rights holders looking to sell. It’s a model based on ease and speed, allowing investors to participate in the market without the added time lag usually experience during other deals within the industry. We aim to bring a new, efficient and inclusive dimension to the royalties market, and in that sense we’re very much aligned with ANote. We believe our widely-known artist offerings combined with their local expertise in the European market will help to support our presence in the region, broadening the scope of our products in terms of their locality and client-base.”
MRI’s listing spans a broad range of genres, with both modern and well-loved chart-topping hits, with some dating back to the mid-20th century. Through the rights from a variety of producers, composers, songwriters and musicians the catalogue gives the opportunity to invest in songs performed by renowned artists such as Avril Lavigne, Beach Boys, Chris Brown, Christina Perri, Daughtry, Drake, Elle King, Joyner Lucas, Jennifer Lopez, King Harvest, Token, Mary J. Blige and The Kinks. The partnership will facilitate access for European investors and music fans to own a share in evergreen tracks and grow Canada-based MRI’s cross-Atlantic presence.
With a listing valuation of €200,000 the catalogue brings with it strong financial prospects, and over the last 3 years (2018-2020) has been successful in generating royalties averaging US$ 410,283 yearly. It is set at an entry multiple of 16.47x over the average royalties for the period, resulting in an observed yield of 6.07%. For investors looking for access to a diversified portfolio of global pop songs within a single investment, the catalogue delivers a robust financial track record with low historical volatility.
Marzio F. Schena, CEO and Co-Founder of ANote Music, said: “Our strategy at ANote is global – our platform has an international investor base so it’s exciting to see this outlook increasingly reflected in our catalogues, made up of creators with an international following. Our business is predicated on the prospect of opening investment in music royalties to a wider, more democratic audience. The partnership with Music Royalties Inc. is directly in line with our mission to expand our offering of well-established, recognised music within the industry to bring investors a diversified range of catalogues they can stand to benefit from both financially and as music fans.”
Music Royalties Inc. is an artist and investor partnership which provides direct exposure to music revenues from the hyper-growth in global streaming platforms by acquiring song royalties for our shareholders. Our goal is to increase share value by accumulating a diversified portfolio of cash flowing royalties which pay a monthly dividend.
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