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Royalty Exchange
Black_Socks
Posts: 6 Forumite
I recently found a website call 'Royalty Exchange' where you can buy / sell and potentially make a profit from artists Royalties. Be they musical, literary or even patents or inventions it seems.
Be interested to hear if anyone heard or even dabbled in this? Just getting my head around the website at the moment. Obviously a very 'alternative' investment that would need careful assessment before parting with hard earned cash!
Be interested to hear if anyone heard or even dabbled in this? Just getting my head around the website at the moment. Obviously a very 'alternative' investment that would need careful assessment before parting with hard earned cash!
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Comments
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mmm - see https://www.royaltyexchange.com/faq
"This membership program is simple: you pay an initiation fee and then annual dues. The initiation fee is $4,997, including your first year’s access. After that, you’ll pay just $997 per year to maintain your membership."
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Better to go with something that’s listed. For music royalties there’s e.g., Hipgnosis LSE:SONG, Roundhill Music and Universal Music Group NV NL:UMG.Black_Socks said:I recently found a website call 'Royalty Exchange' where you can buy / sell and potentially make a profit from artists Royalties. Be they musical, literary or even patents or inventions it seems.
Be interested to hear if anyone heard or even dabbled in this? Just getting my head around the website at the moment. Obviously a very 'alternative' investment that would need careful assessment before parting with hard earned cash!0 -
Linton - it seem the fees you quoted are for selling your Royalties - not purchasing one.
I will peruse their site some more when I've got a mo'.0 -
wmb194 - had no idea that such places existed, or that investing in Royalties was a 'thing'!0
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Many famous artistes have sold their royalties for lots of money to various companies. That doesn't mean this company is a good investment though.Black_Socks said:wmb194 - had no idea that such places existed, or that investing in Royalties was a 'thing'!Remember the saying: if it looks too good to be true it almost certainly is.0
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