You Could Soon Buy Stocks in Eminem Songs

Eminem, however, is not involved in any way.

Music
4,459 Hypes 0 Comments

Royalty Flow, a new company formed by Royalty Exchange, has bought at least a 15% slice of royalty revenue from Eminem‘s catalog, which will soon be launched as an IPO and get traded publicly. The shares were purchased from Jeff and Mark Bass, who signed Eminem back in the day, as well as their manager Joel Martin. In a press release, Royalty Flow says that the stocks will go public once the company has raised anywhere between $11 million USD and $50 million USD via Regulation A+ crowdfunding effort. Once they are public, individuals can buy, sell and trade the stocks.

However, a rep for Eminem reveals that the Detroit rapper is not associated with the venture in any way. “Eminem is not involved in any deals for the sale of recording royalties and has no connection to this company,” the rep tells Variety. “The decision to offer the royalty stream for sale or otherwise was made independently by a third party who retains royalties for an early portion of his catalog and Eminem was not consulted.”

“If you’re a fan and wanna bet on that artist, you’ve got some skin in the game,” Joel Martin, a partner of the Bass brothers, tells Bloomberg. “It takes the average investor and puts them in a position they wouldn’t be in before.”

Learn more about buying Eminem stocks via Bloomberg.

Read Full Article
Photographer
Frederick M. Brown/Getty Images
More

What to Read Next

The Nike Air Vortex Gets Fitted In "Dark Atomic Teal"
Footwear

The Nike Air Vortex Gets Fitted In "Dark Atomic Teal"

Fall-ready retro kicks.

Arc'Teryx Veilance's Fall/Winter 2017 Collection Gets the Spotlight in New HAVEN Editorial
Fashion

Arc'Teryx Veilance's Fall/Winter 2017 Collection Gets the Spotlight in New HAVEN Editorial

Fresh and functional.

Drake, LeBron James & Chris Bosh Talk Toronto in Three-Way Conversation
Sports

Drake, LeBron James & Chris Bosh Talk Toronto in Three-Way Conversation

A very rare conversation.


Lil Yachty Jumps on Remix of Gucci Mane & Evander Griiim's "Right Now"
Music

Lil Yachty Jumps on Remix of Gucci Mane & Evander Griiim's "Right Now"

The Lil Boat captain is everywhere.

Former YEEZY Designer Salehe Bembury Will Be Versace's New Head of Sneaker Design
Footwear

Former YEEZY Designer Salehe Bembury Will Be Versace's New Head of Sneaker Design

A fresh new look for the high-fashion house.

Michael Jordan Responds to Donald Trump Tweets
Sports

Michael Jordan Responds to Donald Trump Tweets

“One of the fundamental rights this country is founded on was freedom of speech.”

More ▾