You Can Soon Own Stock in Eminem Songs
A piece of Eminem’s catalog will soon be publicly tradable. A new company called Royalty Flow has announced that it has acquired a percentage of the master sound recording royalties for Em’s catalog from 1999-2013: an era that includes The Slim Shady LP, The Marshall Mathers LP, and The Eminem Show. Royalty Flow purchased that share (up to 25 percent) from Jeff and Mark Bass (the brothers and producers who first signed Eminem), as well as their manager Joel Martin.
Once it’s raised enough money (between $11 and $25 million), Royalty Flow intends to list on the public stock exchange where anyone can buy, sell, and trade shares in Royalty Flow, thereby investing in Eminem’s music. Learn more about the endeavor here.
While the royalties owned by Royalty Flow are for Eminem songs, Eminem himself has denied all involvement. In a statement to Variety, a rep for the rapper said, “Eminem is not involved in any deals for the sale of recording royalties and has no connection to this company. 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.”
Eminem’s latest studio album, The Marshall Mathers LP 2, was released in 2013. This year, he served as a producer on the battle rap movie Bodied.
This story originally appeared on Pitchfork.
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