About the Listing:
Ever Ever Music GmbH & Co KG, in collaboration with ANote Music, grants you access to earn royalties from the Master Rights deriving from the independent German record label’s repertoire.
The listing starts by making 2.5% of Ever Ever’s catalogue available for investment with an auction (5000 shares available). Following the initial auction, the company will be listing more shares directly in the secondary market, up for a total of another 2.5%.
Purchasing shares to this catalogue will give investors the right to receive passive cash flows deriving from the already-produced tracks included within the catalogue as well as for future tracks which will get included during the listing term.
Good things to know
Who’s the initial rights holder (Transferor)?
Ever Ever Music GmbH & Co KG Is an Independent German record label and management agency. Operating within the music Industry since 2011 and based in Saarland, Germany, Ever Ever has gained experience working with a variety of music genres from artists performing in both German and English, with a broad portfolio of established and new upcoming artists who have benefited from the growth in streaming and discoverability in social media platforms. The music label operates in one of the biggest music markets in the world, which has experienced strong growth over the last 10 years.
What are the major songs included in the catalogue?
‘Endorphine’ and ‘Komm mit’ - TheDoDo, ‘Saufen aufm Spielplatz’ - BroyS, Pbb Yea, ‘Traum’ - Akros, Scutta, Pbb Yea, ‘Memories’ and ‘Someone you loved’ - Nicole Cross, ‘Wenn du tanzt’ and ‘24/7’ - Julita, ‘Ich klaue deine Party’ - BroyS ft Isi Glück.
What type of rights are included?
EverEver is listing 2.50% of the record income deriving from the catalogue of Master Rights it controls and distributes.
We can generally identify two copyrights pertaining to each song: composition rights - attached to the song for how it is written (lyrics, melody, etc.) - and master rights - generated when the underlying composition is recorded.
Master rights (or sound recording rights) are the rights for the use of the recording of a performance of the underlying composition. Royalties from master rights are due whenever the music is sold (physically or digitally) or streamed - reproduction rights - performed publicly - performance rights - or licensed for ads, TV or movies - synchronisation rights.
It is often the case for recording artists to sign deals with record labels which, in turn, invest and help artists in exploiting their rights. In such a case, record labels become the owners of a part of the underlying master rights and are entitled to collect the royalties and share them with the performing artist based on the terms of the contract.
Under a traditional recording agreement, the recording artist assigns the master rights exclusively to the record label, in exchange for a so-called advance (up-front payment) and either royalties or a share of the profits. Under a distribution deal, the record label offers to distribute the recordings to music streaming services on behalf of the artist for a distribution fee.
At what frequency will royalties be paid out?
The royalties are distributed by Believe International monthly. The royalty payouts on ANote Music Platform might account for some extra time, in order to perform our due diligence activities. ANote Music will be distributing the exact amounts straight to the investor’s account and portfolio wallet as soon as all funds are available and have been verified. The standard fees are applied as is the case for other auctions: 4% when the rights have been acquired during primary market listings, 8% in the case they were traded on the secondary market. For more information on our fees, please read more on the dedicated section on our platform.
How is the initial price of the asset determined?
As with any listing on the ANote Music platform, an in-depth due diligence process has been executed by our team, carefully analysing and assessing the historical track record of the catalogue. In agreement with the rights owner (Ever Ever Music GmbH & Co KG) the initial price has been determined based on the historical average royalties generated in the last 3 years (multiple of 9.87x over the royalties generated in the last 36 months).
What are direct listings?
A direct listing is a procedure for music rights owners to list an additional portion of their royalty interest directly into the secondary market. Direct listings take place after the catalogue has first listed an initial portion of the shares in a successful auction.
Music rights holders offer a portion of their rights up for auction. The catalogues undergo a full due diligence process, reviewing all historical data, contracts and future potentials before getting listed for auction.
You’ll have access to clear charts and easy-to-understand tools, summaries of all necessary financial data and information. You can then decide to place bids during the auction phase and acquire fractional shares of music catalogues. Once the auction ends and your bids are successful, shares will be distributed to your portfolio. The shares become instantly tradable on the secondary market.
Each time royalties are being paid out, you’ll receive the funds, pro-rata to the percentage of the catalogue owned, straight to your account.
No communication with or from us should be considered a recommendation of any investment opportunity and there can be no assurance that any investment valuation is accurate or that any royalty payouts are suitable for you or that any royalty payouts will provide a fixed and/or minimum returns or value. Past performance is not a guarantee of future returns, nor is it necessarily indicative of future performance.
You acknowledge that conducting transactions in royalty payouts is a speculative activity involving some degree of risk, arising from the fluctuating value of the underlying intellectual property rights.
We do not guarantee the accuracy, timeliness, or completeness of any information on the Platform. You agree and acknowledge that you have the sole responsibility to examine all information concerning the investment opportunities on the Platform, and any decisions based upon such information are your sole responsibility.