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Continuing from the last post, I asked, “So, which of these scenarios do the sellers who approach you fall into?” He replied, “All of them! One of the most profitable songs we bought was from a producer who needed cash to buy a house, so he sold it to us. Then, tragically, the singer passed away a month after we bought it, and the song’s streaming numbers increased by another hundred million. Until now, the cash flow from that song every year has been 15%-20% higher than the purchase price. Another person sold us several songs because of multiple divorces; each time he divorced,... Continue reading
