14 Comments
Feb 1Liked by Dave Waters

Horizon Kinetics has extensive coverage of various semi weird to fully weird royalties.

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Feb 2Liked by Dave Waters

nicely adjacent to the recent squabble on UMG vs tiktok (who simply seems just too cheap to pay).

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Feb 2Liked by Dave Waters

Hipgnosis fund in the UK is pretty interesting

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Great post, Dave! Hope you've been well.

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Feb 8Liked by Dave Waters

You might want to take a look at sliceNote. Similar idea to royalty exchange. I think you can also invest in portfolios of royalties. It’s been on my list of things to look at (which never seems to get smaller)

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Feb 7Liked by Dave Waters

I came across the Mills Music Trust some time ago. I group it with several securities which are entertaining stories but not great investments. Other examples are Adams Express -- before it was renamed -- and the former Laclede Gas. Stories like these keep investing interesting.

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Feb 5Liked by Dave Waters

Really interesting article I didn’t know about royalty exchange

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Feb 1Liked by Dave Waters

great stuff Dave...I've looked at all those previously. Definitely a niche. Have you looked at RSVR?

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Feb 1Liked by Dave Waters

You ever looked into Drug royalties. Some really interesting funds but not a huge space. Was looking at DRI

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author

Mills Music Trust just declared its Q1 distribution. $0.56, down 16% year-over-year.

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At least back in 2013, Paul McCartney owned 29.67% of Mills Music Trust through MPL Communications, Ltd. The value of his stake was a pittance relative to his net worth but interesting nonetheless.

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