Imagine owning a stake in the timeless melodies of Beyoncé's "Halo" or the infectious rhythm of Taylor Swift's "Welcome to New York." JKBX, a revolutionary startup, is making this fantasy a reality. Forget Wall Street fat cats; JKBX empowers everyday investors to own slices of the royalty streams generated by chart-topping hits.
Traditionally, music rights have been the playground of high-powered investors. JKBX shatters this barrier by offering "securities" backed by royalties from iconic songs. Just like bonds, these securities guarantee a portion of the income a song generates through streaming services, album sales, and even placements in movies or TV shows.
The JKBX platform boasts a captivating portfolio. Own a piece of "Rumor Has It" by Adele, feel the energy of Major Lazer's electronic beats, or relive the magic of U2 and Stevie Wonder – the choice is yours! Even Ryan Tedder, the mastermind behind some of these hits, has entrusted his royalties to JKBX.
While JKBX offers an attractive investment opportunity, with yields ranging from 3% to 4%, it goes beyond just chasing numbers. It caters to the music enthusiast who craves a deeper connection with their favorite songs. Now, fans can not only listen but also own a piece of the artistic legacy they cherish.
The beauty of JKBX lies in the potential for windfalls. Imagine owning shares in a forgotten gem that gets catapulted back into the spotlight through a popular TV show or a viral TikTok trend. Just like Kate Bush's "Running Up That Hill" experienced a resurgence thanks to "Stranger Things," so too could your investment in an underrated classic.
While JKBX is still in its early stages, it's actively working to enhance its platform. Currently, buying shares is an option, but selling them isn't. The company is navigating regulatory hurdles to introduce a future where investors can trade these royalty shares as easily as stocks. Additionally, JKBX is in talks with online brokers like Webull to integrate seamlessly with existing investment ecosystems.
JKBX isn't the first to explore this space. Blockchain ventures have attempted similar feats with mixed success. Public, a stock-investing platform, even offered a sliver of the "Shrek" movie soundtrack rights, but follow-up offerings haven't materialized. JKBX aims to learn from these experiences and establish itself as the dominant force in democratizing music ownership.
JKBX boasts a team with deep music industry expertise. Its founder, Sam Hendel, has a proven track record of investing in music, movies, and Broadway productions. Additionally, JKBX is backed by heavyweights like Bertelsmann, the owner of record label BMG, further solidifying its access to a steady stream of high-quality music assets.
JKBX envisions a world where music fans can become music investors. "Every time a song is played, someone's getting paid," says JKBX CEO Scott Cohen. "So our thought was, Why can't it be you, the retail investor?" With its innovative approach and impressive backing, JKBX is poised to rewrite the rules of music ownership, allowing everyday people to own a piece of the soundtrack to their lives.
