If I buy a catalogue, for how long will I receive royalties?

ANote Music provides the maximum degree of flexibility to artists, songwriters, publishers and record labels for the listing duration (listing term).

When listing on ANote Music, the original transferor of the music rights chooses how long to transfer the royalties for. She might opt for a transfer limited in time (e.g. 5 years, or 10 years), or to transfer the royalties for good. In the latter case the term 'life of rights' applies (e.g. for publishing rights, 70 years after the death of the last author of the song included in a catalogue - after this period, the songs return to the public domain and are not protected by copyrights anymore).

It is advisable that you properly understand for how long the royalties are being transferred, thus for how long you would be entitled to receive the corresponding royalty flows for each Catalogue you are interested in. Bear in mind that the price (and multiple over past royalties) of each catalogue will strongly depend on the remaining maturity!

At the end of the listing term, the shares of royalty interest will expire, and you will stop receiving royalties from the catalogue. At this point, all the royalty interests and rights to receive royalty payments in that catalogue are transferred back to the original transferor.