Continuing from last post, how do you exit songs?
Tim said, “If you own a part of the Mona Lisa, your rights can provide dividends for you and your descendants indefinitely. Would you want to sell and exit?”
Upon hearing this, I understood. They don’t have an exit mechanism, or rather, they don’t intend to exit.
“Mona Lisa?” I thought to myself, “Forget it. It’s completely incomparable. These are just the phrases used by the sell-side .”
Then, I asked: “If that’s the case, then I want to know, how much are your dividends now?”
He replied, “We distribute dividends to shareholders every month, and currently, it’s approximately at a 7% annualized rate. Of course, it’s mostly on an upward trend, and there may be adjustments every quarter or year if possible.”
I asked, “How much have you distributed in dividends so far?”
He answered somewhat boastfully, “Since 2019, we’ve distributed $7 million in dividends to shareholders. Early shareholders have already received 67% of their principal back.”
“Oh, that’s better than I imagined,” I said.
“I’m getting returns in at least double digits elsewhere,” I continued. “If I understand correctly, if it’s 7%, and you don’t sell copyrights, then I’ll have to wait a long time to recover my costs. The remaining will be long-tail cash flow, right?” Till next time.
The information provided through our emails, websites, social media accounts and any communications in any format or form is for informational and educational purposes only and does not constitute financial, legal, or investment advice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information provided. MsPassiveIncome.com disclaims liability for any claims, damages, or losses arising from reliance on information provided here.
Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result of the use of the information shared here or reliance on any information provided here. Your use of the information and your reliance on any information provided here is solely at your own risk.
Copyright © 2024 created by MsPassiveIncome.com