Valuation of a catalogue

Each catalogue available on ANote Music is defined by a set of attributes, including the duration of the listing (listing term), the types of rights and royalties included, the historical royalty performance, and the age and popularity of the tracks. These variables make the valuation of every catalogue a unique, non-standardised case.

Before listing on the market, every catalogue undergoes a thorough review process that includes:

• Historical royalty analysis: we assess how much the catalogue has earned in the past, as well as the regularity and composition of the cash flows.
• Market benchmarks: we compare the catalogue with similar recent transactions, using valuation multiples commonly adopted in the industry.
• Music specific indicators - We consider factors such as the age of the songs, how widely they have been used, and how stable the earnings have been over time.

Our internal valuation model is built on years of quantitative research and analysis of music industry transactions. It is continuously refined to reflect current market conditions and to provide a reference range for each listing.

Following the valuation process, an entry price is established for the auction. However, final pricing is ultimately determined by the market through investor bidding in auctions and trading activity on the secondary market.

Note: catalogue valuations are based on historical data. They help make catalogues comparable with one another but do not predict future performance and do not constitute investment advice.

For more details and questions, contact our team at the email address support@anotemusic.com.