ANote Music is listing 15% of the royalties of Italian band Zero Assoluto with a valuation of €579,027

By Emmanuel Legrand

Luxembourg-based music royalties marketplace ANote Music has signed an agreement with Italian duo Zero Assoluto allowing investors to own a share in their repertoire. Zero Assoluto will be listing 15% of their publishing and master royalties on the ANote Music Primary Market.

  “ANote’s platform is the ideal way to enhance our catalogues across undiscovered markets, while crucially allowing us to share a small part of our music with all of our fans who have loved and appreciated it over time,” said Matteo Maffucci of Zero Assoluto.

  ANote disclosed that over a three-year period, Zero Assoluto’s catalogue has generated yearly royalties averaging €41,480.59 with €39,988.04 over the past year. “With a total listing valuation of €579,027, the listing is set at an entry multiple of 14.50 over the last 12 months’ royalties, resulting in an expected yield for investors of 6.90%,” said ANote.

A transparent process

  Once shares are owned by investors, they will receive royalty pay-outs from institutions such as Italian rights society SIAE, which collects performance rights on behalf of the band. Investors can also trade and exchange these shares with other investors on ANote Music’s secondary market.

  “The music industry is undergoing a power shift, with artists demanding a transparent process when it comes to negotiating music rights," said Marzio F. Schena, founder and CEO of ANote Music. 

  He added: "Increasingly, musicians are seeking to retain artistic control whilst remaining financially independent, and our aim at ANote Music is to help them achieve this. We are therefore delighted that such an established Italian artist as Zero Assoluto is the latest performer to recognise our vision and join us on our journey. It is a testament both to their creativity and entrepreneurialism and to the strength of the community we are building.”