SongVest
Invest in fractional shares of hit song royalties from your favorite artists.
Highlights
Asset Class Return•30d
#3 Rank
In Music Royalties•30d
Invest from
$1
Overview
SongVest is the first music marketplace to offer fans and investors unprecedented access to purchase fractional shares of royalties from their favorite songs and artists.
Things to Know
You make money on
Dividends
Fees
Zero
Min Investment
$1
Payout frequency
Quarterly
Term of investment
months
Target Return
Varied
Liquidity
Moderate
Open to
All Investors
Mobile Application
No
Top Perks
Be music mogul: Participate, buy songs & catalogs
Earn passive income: No effort post-share purchase
SongShares owners get exclusive Gold items & perks
Other ways to invest in Music Royalties
How you make money
After purchasing your fractional shares of a song's royalties, you collect your portion of those royalties as they accrue. Royalties are usually paid as a percentage of revenues, gross or net, yielded from the use of the song.
Royalties are paid on a quarterly or biannual basis to the bank account connected to your SongVest profile.
How SongVest makes money
SongVest charges a percentage on every sale of royalties made through the platform.
Is it safe?
Founded by Sean Peace in 2007, SongVest originally sold royalties as memorabilia to fans. That led to the creation of Royalty Exchange in 2011, the first online market to buy and sell music royalties at auction. In 2020, SongVest marketplace relaunched with a focus on buying and selling music royalties and catalogs through auction and private sales. To date, SongVest has raised 500,000 in a seed round of funding, which closed in May of 2021.
Established
2007
Country Available
US Only
Assets Managed
n/a
How You’re Taxed
Income Tax
Music royalties can offer investors a stable yield, but tax planning is critical to retaining much of that income. Every individual’s situation is unique, but royalties are typically reported as self-employment income on Schedule C of IRS form 1040. While music royalties are often taxed at a higher rate, they also have unique tax benefits. Since music royalty income declines over time, it is considered a depreciating asset. As such, music royalties can be amortized, meaning that investors can write off the cost of this asset over a number of years. By offsetting the income produced, investors in turn also reduce their tax liability. For more specifics surrounding amortization, please refer to section 167 of the Internal Revenue Code.
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