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.
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.