Royalty Exchange, the brand that administers rights of bands and artists’ future rights is offering a portion of Slipknot’s future royalties on their 20089 platinum album All Hope Is Gone (Roadrunner Records). Previously this was owned by the producer of the album. You will need deep pockets to win, as the current bid was $758,000, with bids set to end on Monday, May 4 at 3PM MDT. The first distribution payment will come on Sept. 30, 2020, with future distributions being paid biannually. For additional details and to get in on the bidding, check out the Royalty Exchange auction at the link below. The winning bidder will have the opportunity to own a slice of the group’s music whenever it is played, which is all the time. Royalty Exchange has revealed that the total earnings for the All Hope Is Gone album grew 20 percent in 2019 over the previous year. Streaming subscriptions have also helped drive the growth, resulting in 73 percent of last year’s earnings. That marks a 40 percent increase over the prior year in that area. All five of the top-earning songs in the catalog earned more last year than in 2018, with four of them growing by double-digit totals. In addition, the Royalty Exchange producer royalties auction not only includes Slipknot’s All Hope Is Gone, but also Simple Plan’s self-titled 2008 record. The winning bidder will collect royalties generated from any sales, streaming, and sync fees for either album, as well as the individual singles contained on both. Sales and streaming, in particular, pay a greater share of revenue to sound recording royalties over composition royalties. Thsi may seem weird, but it is commonplace in the industry. Famous musicians who have sold off part or all of their royalties include David Bowie, Eminem, Nirvana, and KK Downing of Judas Priest.

https://auctions.royaltyexchange.com/auctions/slipknot-simple-plan-producer-royalties/