Tech: The Eminem Show
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 29 September 2017
⏱️ 20 minutes
🧾️ Download transcript
Summary
Investors may soon be able to claim a stake in rapper Eminem's music catalog, thanks to a new company Royalty Flow and the JOBS Act. We run through what's been going on in the equity crowdfunding and mini-IPO space, and how these types of investment opportunities are very different than investing in the stocks we normally talk about.
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:07.0 | It's Friday, September 29th, and we're wrapping about new investment opportunities. I'm your host Dylan Lewis and I'm joined on Skype by |
| 0:13.7 | fool.com's jack of all trades Dan Klein. Dan how's it going? |
| 0:17.6 | Oh it's going great and I promise not to wrap. Yeah I'm going to try to do the same. |
| 0:22.3 | It'll be hard not to though. |
| 0:24.0 | I mean, we are talking about something that is kind of interesting. |
| 0:26.0 | I got a lot of splashy headlines earlier this week. |
| 0:29.0 | Some cool news from the music industry that has kind of crossed over into the investment |
| 0:33.4 | industry. |
| 0:34.4 | Yeah, it's a really sort of bizarre but exciting opportunity, really full of pitfalls though. |
| 0:40.3 | So investors may soon have the opportunity to invest in rapper M&M's music catalog. |
| 0:46.5 | We're going to kind of do a deep dive into some of the specifics that are available at this point |
| 0:51.9 | with the filing, but before we get too far into that, I think it's probably worth going into how this type of opportunity came to be. This is a topic that we've touched on a little bit with the show before. |
| 1:03.0 | Yeah, it's really an alternate way to invest. |
| 1:07.6 | It's somewhat like crowd sourcing, but you actually do end up with shares of the company, |
| 1:13.2 | except for the fact that there's not all the financial due diligence |
| 1:16.8 | you see during a traditional IPO or other sort of investment opportunity. |
| 1:21.2 | And this really traces back to the Jobs Act, which was passed in 2012, I believe, as part of the |
| 1:26.5 | Obama administration. |
| 1:27.5 | Like I said, it's something we've talked about in past shows a little bit, but really this legislation |
| 1:32.0 | was aimed at making raising capital a little bit easier for smaller businesses and making the path to going public a little bit easier for smaller businesses. |
| 1:40.0 | So one of the things that it is probably best known for. It has a lot of different |
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