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May 5, 2020 03:53 pm GMT

You can own a piece of the royalties to 3 Misfits albums

Universal Music Group is auctioning off a percentage of the royalties to three Michale Graves-era Misfits records: American Psycho (1997),Famous Monsters (1999), andCuts From The Crypt (2001). The royalties include sales, streaming, and sync rights, and last for the life of the author + 70 years. According to the auction page:

Earnings for this 20-year-old catalog grew year-over-year for the past four years. Last years total royalties increased by 27% compared to the prior year alone.

This catalog collects royalties from three types of use, but mechanical earnings are the foundation with 83% of last years total. Public performance royalties follow with 16% of earnings. All three royalty sources grew by double digits or more in the last year, with mechanical earnings increasing by 27% andpublic performanceby 17%.

Royalties for the top three earnings tracks are also growing, by 30% or more in the last year. All were released in 1999 or earlier. The top-earning song Saturday Night (1999) accounts for 38% of last years returns an increase of 48% over the prior year.

Last year, this chunk of royalties brought in more than $12,000. Bidding is currently up to $107,200 (as of this writing), and it ends today. So if you want to own a piece of (revivalist) Horror-Punk history, now's your chance.

Misfits Publishing Royalties [Royalty Exchange]

Image: Jonas Rogowski / Wikimedia Commons (CC 3.0) Read the rest


Original Link: https://boingboing.net/2020/05/05/you-can-own-a-piece-of-the-roy.html

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