Tim Gallagher

Technology has transformed the entertainment industry through the global internet, streaming, and subscription business model. All new and old copyright-protected content from music, films, TV, books, and gaming is paying billions of dollars from Apple, Spotify, YouTube, TikTok, Sony, Universal Music, Warner, etc. to the creators and owners, called “rights holders” (artists, managers, producers, songwriters). Music Royalties Inc., founded in 2018, has acquired 30 diverse song catalogs, including thousands of songs, generating $3 million per year which is paid out to shareholders as monthly dividends. From an initial $0.01 per share dividend in 2019, the company has more than tripled the dividend to $0.036 per share for a 7.2% yield and paid out over $12 million to shareholders.