Invest in fractional shares of hit song royalties from your favorite artists.

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Highlights

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-64.06%

Asset Class Return30d

#3 Rank

In Music Royalties30d

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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

    0%

  • 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

See inside MoneyMade’s 6-figure multi-asset portfolio

6-Figures

12+ Assets

50+ Platforms

4yr+ Returns

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

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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