Proceeds from the children’s TV series music and Spielberg-produced movie residuals to benefit charities chosen by legendary songwriter Tony Geiss
Online marketplace, Royalty Exchange, is offering a chance to buy a stake in music and screenwriter royalties from several popular Sesame Street shows and hit Hollywood movies. Most notable are the theme songs for Sesame Street favourites Elmo’s World and Abby’s Flying Fairy School, as well as screenwriter residuals for Steven Spielberg produced movies An American Tail and Land Before Time.
These and more than 375 other musical works from the iconic children’s television series are also included in this catalogue, which will be sold in a live auction. The winner will own the royalties and all future royalty income generated by these works. That means any time they air on TV or online, or if someone buys the DVD or CD, or streams the songs online, the buyer earns royalties – not to mention the bragging rights involved in owning a piece of television history.
Royalty Exchange is making this catalog available on behalf of the estate of Tony Geiss, the legendary Sesame Street songwriter and screenwriter behind the catalogue for sale. Both Tony and his wife Phyllis wanted to gift these royalties to a select group of charities after his passing.
“We’re honored to play a small role in helping honour Tony’s wishes,” said Royalty Exchange’s Matthew Smith. “Competition and transparency will ensure these worthwhile causes get the most out of his talent and generosity.”
The listing is live on Royalty Exchange now. Bidding will begin at $430,000 and, once there is an opening bid, the auction will begin. Find out more at royaltyexchange.com