According to media reports published Monday morning, Royalty Exchange has formed a new company, Royalty Flow that will soon allow “fans and smaller investors the opportunity to invest directly in Eminem’s business, and could set a model for future endeavors.”
Royalty Exchange signed a letter of intent to purchase at least 15 percent of an income stream of royalties derived from Eminem’s music, with plans to buy other musical assets and take the company public. The company’s first acquisition will be Mark and Jeff Bass’ producer royalties from Eminem’s entire recording catalog from 1999-2013.
Royalty Flow, is expected to file with the U.S. Securities and Exchange Commission to raise between $11 million and $50 million via a Regulation A+ crowdfunding effort. If the enterprise meets its minimum funding target, it will then file to list list with NASDAQ.
Royalty Exchange believes this is a “unique opportunity for investors to earn dividends from one of the most iconic assets in the world.” There are 3 primary reasons we believe this is an excellent opportunity for investors:
- We believe that the music industry is at the beginning of a boom that will cause industry revenues to grow substantially.
- Until now, there were few ways that ordinary investors can get exposure to the music industry’s growth.
- We plan to acquire additional cherry picked assets. We believe that the Eminem Royalties are an outstanding asset. Investors will be able to participate in our planned growth as we add more royalty assets to the company.