SHOT TOWERCAPITAL

Michael Jackson

Larger than the room it was in.

The public record

The firm lists the estate’s sale of its 50 percent interest in Sony/ATV, including the Beatles catalog, to Sony. Billboard described Shot Tower as the estate’s financial adviser.

  • Shot Tower Capital company page, LinkedIn
  • Billboard, 21 December 2020

Explore

Choose what you mean

A copyright is a set of exclusive rights in a work. It is not the recording a person hears, and it is not the cash that arrives later.

  • Publishing
  • Masters
  • Term
  • Territory

From one object outward

Follow a single chain

One step at a time. The rest stays hidden until you ask for it. This is a map of ideas, not legal advice.

  1. 1Song

What changed

For the owner, and for capital

A frame for the market. It is not a history of the firm. No transaction is attached, because none is approved for this page.

For the owner of the right

Physical product fell. Unauthorized copying made the cash harder to see.

For capital

The asset was easy to doubt, because the cash was easy to doubt.

How value moves

Follow one use

Illustrative. No share of the dollar is shown. None is approved for this page.

  1. Listener

Not an appraisal

What a model is sensitive to

Move a characteristic. The page says what changes in the reading. It will not name a price or a multiple. A model estimates. The situation decides whether the model is right.

Between the two. The reading depends on which way it leans.

Showing catalog age. Nothing here is a Shot Tower appraisal.

Intellectual property

Where the economics split

What it is
The composition is the song. The recording is a particular performance of it.
Why it matters
They can be owned, licensed, and sold separately.
Where the economics go
A use can owe money on one, the other, or both.
Where it gets complicated
A deal that says “the catalog” may mean only one of them.

Legal questions need qualified counsel. Shot Tower is not presented here as counsel.

Questions

What actually makes a catalog valuable?

Not fame by itself. Value follows the cash the rights have produced, how concentrated that cash is, how long the rights last, and whether the data is good enough to believe the history.

Begin with the situation

What are you thinking about?

You do not need the transaction figured out. Do not send documents through this form.

The situation