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You Can Now Invest Money In Eminem Songs On The Stock Exchange

You Can Now Invest Money In Eminem Songs On The Stock Exchange

Purchase royalty shares of every song he released from 1999 to 2013.

Stewart Perrie

Stewart Perrie

Eminem fans will soon be able to invest money in the rapper's music and purchase shares of every song he released from 1999 to 2013.

The rapper's former production duo, FBT Productions, signed Eminem before he made it big and will auction portions of his future song royalties in October with a new company called Royalty Flow.

"If you own any Apple stocks, for instance, it's exactly the same," Matthew Smith, head of Royalty Exchange, the Denver company running the auction, tells Rolling Stone.

"Not only do you potentially get to earn along with Eminem's catalogue, but you also win the ultimate bragging rights to say 'hey, I own that', anytime you hear one of his songs.

Credit: PA

Royalty Exchange has already sold shares of Chris Brown's 'Drunk Texting', Wiz Khalifa's 'See You Again' and Ariana Grande/Lil Wayne track 'Let Me Love You' as part of investment packages, some for as much as $71,000.

"If you're a fan and wanna bet on that artist, you've got some skin in the game," said Joel Martin, a business partner of the brothers behind FBT Productions.

"It takes the average investor and puts them in a position they wouldn't be in before."

The share of 'See You Again', was made available by a backing singer who owned part of the recording rights and generated more than $11k before it went on sale with Royalty Exchange.

The potential with Eminem material is even bigger.

"With that big growth, there's an opportunity for investors to participate," said Smith.

However, Eminem himself has declined to comment and one of his reps told Rolling Stone: "Eminem is not involved in any deals for the sale of recording royalties and has no connection to this company."

In fact, some industry experts are coming out to say that they think selling off chunks of an artist's material without involving them is downright disrespectful.

Credit: PA

"It starts to look like human slavery," says Aram Sinnreich, an American University media professor and author of The Piracy Crusade.

"For Joe Investor, sure, it's no more or less meaningful than any other kind of commodity traded on exchanges - but we need to think about what kind of commodity we want human expression to be. It's very different than iron ore or rare earths or something like that."

But if that doesn't put you off and you still fancy making some money off the back of your favourite artist, you can keep up dated on the company's website right here.

Featured Image Credit: PA

Topics: eminem