Frequently asked questions:What types of people are coming to Heart's Bluff?Many highly-successfull copyright owners are opting to work with independent publishers and capital partners. Heart's Bluff is providing such an alternative as we build our portfolio through acquisitions. At the same time we are providing a place for catalog owners to monetize and reinvest their catalog earnings. As the conglomerates focus on survival and mergers, we are quietly building a great independent publishing company. Why Sell?Owners have many reasons for selling. Many sellers are funding new publishing or recording ventures. Other times they are retiring, funding college, buying equipment, settling an estate, traveling, building a new house... or just need need some cash! We have evaluated catalogs from publishers (large and small), songwriters (rich and poor), estates, and more. I already have part of my catalog with another company? Can you still work with me?In most cases yes! Many of our clients come to us from publishing companies such as Universal, Sony, BMG, EMI, Warner/Chappell, etc. Many of these writers and publishers have part of their interest with a conglomerate, but want to diversify their co-pub, or writer-share portions with someone else. And often the other company has passed on buying additional interests. So we offer an alternative. I own a very large catalog. Is there a maximum size you will consider?We have very deep pockets available for select, larger catalogs. Please call us to discuss. What types of interests are you buying?We buy full or divided interests in Publisher Shares, Co-Pub Shares and/or Writer Shares. My catalog averages less than $10,000/year. Can you help?Unfortunatly, the songs in your catalog must be generating at least $10,000 a year in royalties before we can help you. We know there are many incredible songs out there earning less, but our transaction costs are just too high to consider purchasing them. It's not a good deal for you or us. Sorry. Are you signing staff writers?Our strategic plan calls for initially building a solid base of catalogs. So in the immediate future, we are not signing staff writers. Does the style of music matter?No! We love all kinds of music! We are building a very diverse group of catalogs. I just want an opinion. I'm not really looking to sell. Can you help me?In most cases we are glad to provide an opinion. If we can't help you, we can probably point you to an expert we know. Do I need an attorney?As the process moves along, and because music publishing is such a specialized field, we absolutely recommend that you have an experienced intellectual property ("IP") attorney review any documents. If you don’t know any IP attorneys, we are happy to recommend several independent attorneys who are not affiliated with our company. We also know several experienced financial specialists. We can talk if you have a formal, exclusive written consent from the owner. We avoid any situation that amounts to "hearsay" because in many cases, catalogs are referred to us from multiple sources. We need the owner themselves to tell us exactly who is representing them. Owners must pay their own commissions. How much is my catalog worth?We analyze a number of factors. These include: We will ensure that your catalog remains viable and active. A plan is customized for each catalog. This is why we don’t keep generic "pluggers" on staff, but hire them independently per catalog. What exactly are the steps to selling my catalog?Here’s how the process typically works: We haven't yet, but have been in several interesting discussions regarding other types of royalty-flowing assets (such as Master Recordings). If you have an idea, let us look at it. Why does Heart's Bluff advertise for catalogs?In short, we want to get the word out. We feel like the "catalog-world" has been too secretive, and exclusive. We want to have direct relationships with catalog owners. |