Asset class · Income-focused

Film & Music Rights

Some alternative assets don't wait for a sale to produce a return. Rights to songs and films generate revenue while you hold them — and aShareX is built to structure the offering and administer the distributions.

Register interest → How an offering works
SEC-qualified · Reg A Tier II Fractional or 100%
Why this asset class

An asset that pays while you hold it

A painting or a classic car returns capital only when it sells. A song catalog or a film participation is different: it produces revenue on a recurring reporting cycle, independent of any exit. That makes rights one of the few alternative categories capable of behaving like an income asset — and it's precisely the case the aShareX distribution engine was built for.

Recurring revenue Not correlated to equities Contractually defined Long copyright tail
The mechanics

Where the income actually comes from

"Royalties" is a bucket word. In practice, a rights offering draws on several distinct revenue streams, each with its own payer, cycle, and reliability.

Streaming royalties

Paid when a recording is played on a streaming service. Typically the largest and most predictable component of a modern catalog, reported on a regular cycle by distributors and collecting societies.

Synchronisation licensing

Paid when a work is placed in film, television, advertising, or games. Lumpier and less predictable than streaming, but individual placements can be significant.

Performance & mechanical royalties

Generated by public performance — radio, venues, broadcast — and by reproduction of the composition. Collected and distributed through performing-rights organisations.

Film & production revenue participation

A defined share of a title's distribution and licensing revenue, as set out in the offering documents. Recognition follows the title's release and distribution schedule.

Which streams apply depends entirely on the rights being offered. Each aShareX offering circular defines the specific revenue participation, the reporting cycle, and the associated risks. Income is not guaranteed.

What you actually own

Shares in a series. The series holds a defined right.

You aren't buying "a film" or "a song." You're buying shares in a series entity, and that series holds one specific, contractually defined claim on revenue — spelled out in the SEC-qualified offering documents. The right is precise. The structure varies from deal to deal.

Deal structure Illustrative example
IssuerStreaming platform
Raise amount$3,000,000
Use of proceedsFilm production
Series entitlement10% of paid streaming revenue
Revenue baseGross receipts
Reporting cycleQuarterly
StructureReg A Tier II · fixed-price
FILM STREAMING REVENUE Gross receipts SERIES ENTITLEMENT — PER OFFERING DOCS 10% of paid streaming revenue DISTRIBUTION EVENT Paid pro rata to shareholders YOUR SHARE = YOUR OWNERSHIP % OF THE SERIES
Revenue reaches the series only on the terms the offering defines. aShareX then calculates each shareholder's pro-rata entitlement and administers the payout.

Every deal is structured differently

Two film offerings can look nothing alike. These are the terms that move — and the reason the offering circular, not a marketing page, is the document that governs.

Revenue baseGross receipts or net proceeds — after which costs are recouped. The single biggest driver of outcome.
Participation rateThe percentage the series is entitled to, and whether it steps up or down over time.
Revenue types includedStreaming only, or also sync licensing, broadcast, physical, and merchandise.
TermA fixed number of years, a defined window after release, or the life of the copyright.
TerritoryWorldwide, or limited to defined markets and distribution channels.
Caps & waterfallsWhether participation stops at a return multiple, and where the series sits in the payment order.

The figures above are a hypothetical illustration of how a deal may be structured — not an offer, and not the terms of any actual or planned aShareX offering. Every offering's rights, revenue base, term and risks are defined in its own SEC-qualified offering circular, which investors should read in full.

How it works

From rights holder to shareholder distributions

The same regulated lifecycle that runs every aShareX offering, applied to rights.

01

Structure the rights

The catalog or participation is defined, valued, and placed into a series entity with clear terms — what income the shares are entitled to, and for how long.

02

Qualify the offering

aShareX prepares and files the Reg A Tier II offering statement. Shares are offered only once the SEC has qualified it, with Dalmore Group as broker of record.

03

Raise — fixed-price or auction

Rights offerings usually suit a fixed-price structure, where the income participation is known and priced. Auction remains available where market-based price discovery is preferable.

04

Collect and distribute income

As royalty or revenue statements arrive, aShareX is designed to calculate each shareholder's pro-rata entitlement, process the payout, and generate reporting and tax records.

05

Hold, report, and exit

Shareholders track holdings and distribution history in one place. Secondary liquidity pathways are in development to provide a route to exit after issuance.

See the full platform lifecycle →

Who this is for

Rights holders and investors, on one platform

For rights holders

Artists, catalogs, studios & producers
  • Raise capital against future income without selling outright
  • Offer a defined participation, keeping the rest of the rights
  • Invite your own audience — fans can become shareholders
  • aShareX runs qualification, onboarding, and payouts
  • Retain upside through partial participation structures
See how selling works →

For investors

Individuals, advisors & institutions
  • Exposure to income that isn't tied to equity markets
  • Participate at lower thresholds through fractional shares
  • Receive distributions where the asset produces income
  • Holdings, statements and payout history in one place
  • Real shares under an SEC-qualified Reg A Tier II offering
Explore offerings →
Questions

Film & music rights, answered

What does it mean to invest in film or music rights?
You buy shares in a series that holds a defined right — a share of a catalog's royalties, or a defined participation in a film's revenue. You don't own the song or the film itself; you own shares in the entity holding the contractual right to a stream of income and, where applicable, proceeds from a future sale of that right.
How do I know exactly what revenue my shares are entitled to?
It's stated in the offering documents. Each series is created for one deal, and the SEC-qualified offering circular defines precisely what the series is entitled to — for example, a set percentage of paid streaming revenue calculated on gross receipts, for a defined term and territory. Terms vary widely between offerings, so the circular is the governing document, not any summary. See how a deal is structured →
What's the difference between "gross receipts" and "net proceeds"?
Gross receipts means the participation is calculated on revenue before costs are deducted. Net proceeds means costs — production, marketing, distribution fees — are recouped first, and the participation applies only to what remains. This single term can change an outcome dramatically, and it's one of the first things to check in any offering circular.
Where does the income actually come from?
For music: streaming, performance, and mechanical royalties, plus synchronisation licensing when a work is placed in film, TV, advertising or games. For film and production: a defined participation in distribution and licensing revenue. Income depends entirely on the performance of the underlying work and is never guaranteed. See the mechanics above.
How often are distributions paid?
Royalty income typically reaches a rights holder on a quarterly or semi-annual reporting cycle, depending on the collecting societies and distributors involved. Each offering circular states the intended distribution schedule for that offering. Distributions are not guaranteed and depend on the asset's performance.
How does aShareX calculate what each investor receives?
Pro rata to shares held. When a distribution event occurs, the platform computes each shareholder's proportional entitlement, processes the payout, and produces the associated reporting and tax records — the same distribution engine used across every income-producing asset class on aShareX.
Do I need to be an accredited investor?
No. Regulation A Tier II offerings are open to non-accredited investors, subject to limits — a non-accredited individual may generally invest up to 10% of the greater of their annual income or net worth. Eligibility is confirmed during onboarding.
Can I sell my shares?
Reg A Tier II shares are illiquid. aShareX is building secondary liquidity pathways designed to let investors transfer or trade shares after issuance, but secondary trading is in development and not currently available. You should assume you may need to hold your investment indefinitely.
Has aShareX completed a film or music offering?
Not yet. aShareX has completed two fine-art auctions to date, both clearing above their high estimates. Film and music rights are an active area of development for the platform, and the distribution infrastructure described here is designed to support them. See completed offerings →
Get started

Bring a catalog. Or back one.

Tell us which side of a film or music offering you'd be on, and we'll be in touch as offerings become available.

I hold rights → I want to invest →