Songbook enables fans to invest in an artists next release whether that's a single, ep or album. You are investing in the songs, not the artist. Songbook will pay you any Royalty revenue generated from the song (s) you have invested in every six months, based on your percentage in the recording and/or publishing rights.
Read the campaign details to understand what you are investing in. Hit ‘Invest’. Only on the first time you invest you will need to give bank account details and personal details.
The first time you invest you will be asked to fill in info particular to you and answer a few questions. Yes, it’s the boring bit, but because Songbook Social Limited is an appointed representative of Thornbridge Investment Management LLP, which is authorised and regulated by the Financial Conduct Authority (FCA), we must do our due diligence so to protect investors (you) and make sure everyone is able to invest and are aware of the risks involved in investing in music. The second time you hit ‘invest’ you will simply be asked the amount you wish to invest. Only, 18 and overs, living in the EU are able to invest at this early stage (BETA) Songbook platform.
Potential sources of revenue arise from two different types of Rights within any song - The Recording Rights and Publishing Rights.
Publishing Rights (also known as Underlying Rights) is the IP of the song. These Rights are the chord progression, the lyrics, the melody which the composer / lyricist wrote when creating the song. Take, for example, the song - "Can I Get A Witness". This was written (the chord progression, the lyrics and the melody) by Brian Holland, Lamont Dozier and Eddie Holland. But recorded by Marvin Gaye (and many other recording artists). However, every time 'Can I Get A Witness" was purchased or played on TV and Radio etc - Holland-Dozier-Holland earned from the Publishing Rights whether it was sung by Marvin Gaye or the Rolling Stones.
To use the same example given in Publishing Rights, above. Marvin Gaye would earn from the Recording Rights (also known as the Master Rights) because he is the person who recorded the song (the chord progression, the lyrics, the melody which Holland-Dozier-Holland wrote when creating the song). Many, recording artists recorded that song. Some are good some are not so good (!) Many in different styles covering various genres. Some work, some don't. But all of that is subjective of course.
"Castle On The Hill' was written by Ed Sheehan and Benny Blanco. So both Ed and Benny both receive Publishing Rights Revenue. Only Ed receives Recording Rights revenue because only he recorded the song.
Just as any record label, recording artist or music publisher or songwriters earn income from songs. Whether you have invested in the Recording or Publishing Rights you might earn from the following:
Digital sales - Income received every time a song is downloaded, streamed and via subscription services.
Physical sales - Income recieved for the purchase of the physical Vinyl or CD and other physical media. (only if the release is to be released on vinyl)
Synchronisation (Sync) - Income recieved (a one off payment) for the placement of a song in TV, film, advertising, games, apps, online and any other form or audio visual media.
Performance / Neighbouring Rights - Income recieved every time the song is performed. Whether live in a venue, broadcast on television, advert or program, radio, app, online, in a public space hotel, shop restaurant etc.
No, nothing is guaranteed. The music industry is speculative and making money from music is unpredictable so you may not receive any payments.
Songbook aims to make payments to fans every six months on a particular album, EP or single if that release has generated royalties in the period. All fans will be notified via email of the date Songbook will pay out any earnings based on your percentage in the Recording and/or Publishing Rights.
We refund you the full amount you invested.
Artists see profit immediately, not after the sum of the advance has been repaid. Artists are non-exclusive, it’s only the songs we invest in. We invest in publishing or recording rights to fund entire recording and promotional budgets and all rights revert back to artists at term end. Artists also benefit from the multi-pronged social reach of fans who will continue to grow an artists audience far past the timeline traditional marketing activities are able to.
We offer a far better deal than anyone out there. We invest greater sums of money and take less money and build a social strategy around the very influencers and tastemakers who invested.
Only until they have delivered the songs. 3 months after the release - they are no longer exclusive to Songbook.
Yes, 100% all rights revert back. We do deal terms from 3 to 25 years depending on the amount of money invested.
It differs but around 20%. And we can work on both the recording rights or publishing rights.
Yes, definitely. We have very good connections in sync and look to exploit all songs into Film, TV, Commercials, games and all other known media.
If you have any further questions please email email@example.com and we’ll be back in touch within 48 hours.