Financial Information:

Songs From Preston Glass

Definitions of the Royalty Information

% of Sellers Share: is each songs percentage of the BMI Peformance Rights Organization (PRO) royalties that the Seller has at auction. The royalties from the PRO BMI are paid on radio plays of songs and songs played in clubs, in restaurants, in bars - anywhere music is played. This doesn't include any publishing/mechanical royalties from the Publisher.

Avg 2yr Royalty: is each songs average royalty over 2 years. An example is "Clothes Off ". If you purchase 25% of "Clothes Off ", the average royalty for 2 years for that 25% is $3,456. So if you had owned that song for the last two years, you would have averaged $3,456 each year.

12 Month Highest : is each songs highest average royalty in any consecutive 12 month period over 2 years. As you can see, the royalties fluctuate each quarter based on many variables.

12 Month Lowest : is each Units lowest average royalty in any consecutive 12 month period over 2 years. As you can see, the royalties fluctuate each quarter based on many variables.

Buying a portion of a writer’s share is much like buying staged used instruments or other music memorabilia; the value is not limited entirely to its financial potential. The uniqueness of song ownership and the one-of-a-kind platinum wall award is a significant portion of the appeal of the purchase. While song ownership is the only memorabilia that has the ability to yield a paycheck, like other music memorabilia it may or may not be considered an investment by traditional standards depending on the individual purchaser.

What Does "Avg Royalty At Auction" Mean?

The income represented here is only an average of the past years revenue. This is no indication of what the future revenue will be, especially in the ever changing music industry. "Avg Royalty At Auction" is the yearly average of revenue, based on information provided by the seller, of the percentage that is up for auction. That means that we have already factored in what percent is being sold, so that you do not have to do any further calculation. Everything being equal, if you had owned the song over the last year, this is what you would have recieved, again on average.

FYI: Royalty Statements usually run at least 6 months behind so that is why you will see a long lag time in the information reported here. Also, some information is reported quarterly, some bi annually.

Detailed Financial Information:

Because the royalty information for all artists and songwriters are very personal in nature, SongVest needs to keep this information as confidential as possible. To that end, we have placed that information on a password protected area of the website.

To view this information, you will need to download the Non-Disclosure Agreement (NDA), fill in the form and then press the email button on the form to send it back. (You will need Adobe Acrobat reader to view)

You will then be sent a password to view the financial information via the link below.

Please be aware that each time you view the financials, your unique userid and password will be logged as well as the ip address of your computer. Do not give this password out to other people as this will put you in breach of the NDA and we will be able to track who gave out the password.

Legal Disclaimer: SongVest relies 100% on the seller to provide royalty information about the songs we list at auction. Neither the seller nor SongVest can predict how much, if any, a song will generate in future royalties. Due to the uncertain nature of song usage, it is suggested that potential royalty stream revenue not be the sole motivation for making a purchase. Moreover, purchasers are strongly encouraged to do their own investigation into the performance or a particular song and the applicable copyright laws. SongVest in no way endorses the seller's statements listed above, nor does it make any warranty on the representation as to the rights transferred. By participating in any transaction, buyers and sellers expressly acknowledge that they have been encouraged to have the adequate opportunity to consult legal counsel of their own choosing or have voluntarily refrained from doing so.