Here’s a little secret in the world of intellectual property and music catalog valuations: the key to maximizing the value of your rights lies in a bit of "data hygiene."
This is because nobody wants to buy a mess, and music catalogs are no different! When a buyer sees that everything is well-organized and documented, they’re more likely to pay top dollar because they can see clearly what they are buying.
So, if you want to attract high bids, consider these must-dos:
- Keep detailed records of who owns what, down to every last split.
- Track royalty payments collected and paid out - don’t forget payouts or liabilities to creators and other stakeholders
- Sync deals? Document them all! Who paid, how much, and what renewals are in place.
Buyers will start the bidding process by reviewing 3-5 years of net earnings history by income type and composition.
Trust us, we are experts: Whether you’re selling or just getting an evaluation, data discipline makes it all smoother. Buyers want peace of mind—and when they see your catalog's meticulous presentation, there is less uncertainty about their investment, making them willing to pay a higher price.
Ready to get your catalog in top shape? Dust off those dusty old files and get organizing - future-you (and your wallet) will thank you!
Call Boschan Corp. at 424-248-8866 if you need help. We can get you organized by creating a presentation package to potential buyers including a virtual data room with 3-5 year earnings history reports as well as the available copyright chain-of-title documents, agreements and accountings (inbound and outbound, if applicable). We also perform intellectual property valuations, and provide other relevant services. Call us today!
