The second collection on Tangy Market is here! This music asset contains songwriter royalties from songs recorded by international pop artists like Britney Spears, Justin Bieber, Nelly Furtado, Eros Ramazzotti, Paris Hilton featuring Lil Wayne and more. Find the complete list of songs further down.
Investment Info
Top Chart Collection is a bundle of various songs from different copyright owners in the same investment asset. Several different songs in the asset mean that we can most likely expect a good return on the collection as a whole. This investment asset is a bundle of 11 songs sung by international pop artists.When buying shares of Top Chart Collection you invest in royalties generated by performance rights (songwriter’s share). This means that your investment will yield returns whenever any of the songs are played or performed on Radio, TV, live performances, or streamed online such as on Spotify, Tidal, YouTube, TikTok, and future services.The investment includes revenue of upcoming royalties 3 years ahead. This is an investment with quarterly payouts that keeps on giving back until December 2026. Our valuation model predicts an average yearly royalty return of € 2.95 per share.
Disclaimer
Please note that actual royalty payouts may differ from the initial prognosis. Remember, when investing in a piece of art on an open market, anything can happen. The payouts can be higher or lower than expected, depending on how much money the songs in this collection bring in during the coming 3 years.
List of Songs in the Top Chart Collection:
Britney Spears β “Work B**ch”Britney Spears β “Tik Tik Boom”
Britney Spears β “Chillinβ With You”
Britney Spears β “Alien”
Justin Bieber β “As Long As You Love Me”
Chris Medina β “What Are Words”
Sander Klienenberg feat. Dyson β “Feel Like Home”
Nelly Furtado β “Miracles”
Paris Hilton feat. Lil Wayne β “Good Time”
Eros Ramazzoti feat. Nicole Schertzinger β “Fino Allβestasi”
Nicole Schertzinger β “Boomerang”
IPO or Trading on the Secondary Market
The IPO shares are released Thursday March 14, 2024 at 16:00 CET. There is a pot of 1000 shares available at the IPO price. First come, first served.
If you didnβt manage to get a share, donβt despair! When the IPO shares are sold out, trading begins on the secondary market in the app. The secondary market is available at the bottom of each music assetβs own page in the Marketplace.
Investment facts
Total number of shares: 1000
IPO price per share: € 6.68
Release date: Thursday March 14, 2024 at 16:00 CET
Investment period: 2024-01-14 β 2026-12-08
Next payout date: 2024-04-10
Final Payout Date: 2027-01-12
Payouts: Quarterly
Average yearly royalties per share: € 2.95/share
Royalty collector: BMI & ASCAP
Happy investing!
Your Tangy Market Team
Listen to the Top Chart Collection here