Toronto, February 6, 2023 – Music Royalties Inc. (“MRI”), a diversified portfolio owner of 24 iconic catalogs of songwriter, manager, producer and sound recording interests, is pleased to announce its participation at the Accredited Investor Symposium in New York City February 19-21, 2023.
MRI will be presenting on Monday, February 20, 2023, 11:35 am - 12:20 pm and on
Tuesday, February 21, 2023, 9:45 am - 10:05 am
An investment in Music Royalties’ intellectual property portfolio represents an exciting new alternative digital asset class which is exhibiting long term growth due to smartphone adoption, increasing paid subscriptions of music services (iTunes, Spotify, YouTube), and exploding streaming growth on new platforms (Amazon, Facebook, TikTok) which culminates in double digit income growth in a low growth world.
“Most people are not aware that individual song revenues are shared or ‘owned’ by 5 to 15 people and that there are over 3 million rightsholders in North America collecting several billion dollars in passive income per year. The top songs, classic hits, or catalogs which have become part of pop culture or ‘humanity’s playlist’ exhibit multi-decade income stability and in fact are growing under the paradigm shift from the local physical CD to global streaming as the iconic songs are being rediscovered, replayed and included in new productions on new platforms such as Amazon Prime and Netflix,” commented Tim Gallagher, Chairman & CEO.
Music Royalties Inc. acquired its first catalog in 2018 and has paid out 37 dividends totalling over $5 million derived mostly from the streaming income from songs of numerous artist brands diversified by era and genre. MRI has tripled its dividend from $0.01 to $0.03 per share. Through ongoing accretive acquisitions of cash flow from music rightsholders averaging 7-20% yields, MRI’s long-term goal is to continue to increase its dividend, in order to drive both increased income and growth.
The recent high-profile sales of music publishing and songwriting rights, with Life of Author plus 70-year copyright protection of iconic artists, has raised the profile and the timeliness of this unique investment opportunity. The aging demographics of the founders of Rock and Roll combined with the re-invention and internationalization of the music business through technology - digitization, live streaming and the online social media business model will lead to double digit industry growth over the next decade.
“Our goal is to democratize the ownership of music, build a virtual investment partnership between artists and their fans by making music and other entertainment income streams investable for individuals, ultimately by taking MRI public, which will continue the growth of our diversified portfolio, and open up this unique investment opportunity to a wider investor base, especially the fans.”
WHY INVEST 1. The one asset investors know but don’t own – participate in the income of their favorite Artists & Songs
2. Security from Long Term Contracts & Copyrights with Life of Author plus 70-year cash flows 3. Global diversification by music era (1950-2020), genre (pop, country, hip hop, rock), language, culture
4. Significant capital gains potential from the re-valuation of diversified song royalty cash flow 5. Alternative, Non-correlated, Monthly or Quarterly Dividends, not tied to the economic cycle 6. Growth from smartphone, music subscription adoption, streaming, and ongoing accretive acquisitions 7. Virtual Partnership of Music Fans as Retail Investors with Artists who can also participate in the upside and dividend yield created by their music
8. Four year track record of reliable income with double digit annual increases
About Music Royalties Inc.
Alternative Non-Correlated Passive International Streaming Income Distributed Via Monthly Dividends
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.
P: (416) 925-0090
P: (647) 921-2206