You could own the rights to a share of royalties from Slipknot’s 2008 record, All Hope Is Gone, or Simple Plan’s 2008 self-titled record. Producer Dave Fortman is selling his cut of the royalties for each LP’s.
As Consequence of Sound reports, the auction — listed on Royalty Exchange— doesn’t explicitly detail who is selling the royalties, it merely states that the producer of each album is selling their rights. By the power of deduction, and the ever-flowing well of knowledge Wikipedia offers, it’s a reasonable assumption that it’s Fortman auctioning off his cut.
The current bidding price for both records is $758,000. If you happen to be a cashed-up Maggot, this is a once in a lifetime opportunity.
“The winning bidder will collect royalties generated from any sales, streaming, and sync fees for either album, as well as the individual singles contained on both. Sales and streaming, in particular, pay a greater share of revenue to sound recording royalties over composition royalties,” a description on the bidding page reads. “So this is an opportunity not to be missed.”
If you’re in the position to drop some serious cash, you can find the auction here.
Like imagine a reality where you, kind of own ‘Psychosocial’, bonkers.
This isn’t the only Slipknot-adjacent auction that’s happening. Corey Taylor has announced that he will be auctioning off thirteen of his guitars in order to raise funds for those fighting on the coronavirus frontline.
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Each guitar has been signed by Taylor and will arrive with a certificate of authenticity and a case. Proceeds from the sales will go towards the coronavirus response charity Direct Relief. An organisation that coordinated with public health authorities, nonprofits and businesses to provide personal protective equipment and essential medical items to health workers on the coronavirus frontline.
You can read more about that here.
