Quick Answers To The Questions Royalties Earners Ask Most
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Q: Is
ProMusic Royalties a start-up, angel investor, bank, or venture capital company?
A: We are a privately owned and funded financial group that offers full and partial buyouts to entertainment professionals (musicians, actors, producers, writers, etc.) or their heirs based on anticipated royalties. The funds may be used for any purpose without restriction.
Q: Do you only offer cash advances and buyouts on music and song royalties?
A: We can advance on almost any type of royalties income: software, inventions, intellectual property, toys, games, sports, naming rights, profit participation, etc.
Feel free to contact us if you're currently receiving other types of royalties payments that you would like to explore getting a cash advance on.
Q: Will I ever lose ownership of my works?
A: You will always retain full ownership of your works, P.M.R does not buy copyrights.
Q: How quickly can I expect to receive my funds?
A: In most cases within five business days after the paperwork is completed. We work as fast as possible so the sooner we receive your documents the sooner you'll receive funding.
Q: Are there application or processing fees?
A: It costs you nothing to request a quote. We never charge upfront fees.
Q: Do I need to have a good credit history?
A: We never look at your credit score.
Q: Do you buy mechanical rights?
A: Yes, but usually only when:
1) there is also performance income or sync income;
2) there is a large and steady annual income;
3) there is a longstanding earnings history.
Q: Do you buy performance royalties?
A: Yes, we also buy performance royalties, cues, and background music.
Q: Do I need to live in the United States?
A: You don't need to live in the United States but the publisher that pays the royalties must have a physical presence within the U.S.
Q: How is my buyout or advance amount determined?
A: We look at:
• Age of the catalog.
• Gross annual royalties.
• Payment frequency.
• Type of royalties.
• Who pays the royalties.
The stronger the history, the more you can receive.
Q: Do you buy TV/movie residuals or backends?
A: We do not buy TV/movie residuals or backends.
Q: Can I sell part, for example 25%, of my future royalties or do I have to sell in full?
A: Yes. Split sale options are available to royalties earners who qualify. This means you would only sell a fixed percentage of your future royalties while keeping the rest.
Q: Are there factors that can affect my sale?
A: Yes. Factors that can affect the sale of your royalties include: Alimony, Approval rights, Back taxes, Bankruptcy, Child support, Divorce, First right of refusal, and Matching rights.
Q: I don't want to sell my artist royalties. Can I get an advance on them instead?
A: At this time we only offer advances on Profit Participation and Naming Rights.
Q: Do you buy direct or do you broker?
A: We do both. Depending on deal size, urgency, structure, royalties type, and catalog age, we choose the approach that delivers the best outcome for the seller.
Q: How do I get started?
A: To begin, fill out our fast and easy
online form and we will give you an estimate. If you want to proceed we'll need to see at least four years of pay history. Once we review the statements we will let you know how much we can advance you.
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