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Music Investment Platform JKBX Says Yields on Over Half of Its Available Songs Jumped in 2023
The JKBX music investing platforms says 2023 yields were up, while OneRepublic earned the most for its song "Counting Stars."
Pronounced “jukebox,” JKBX’s first Securities and Exchange Commission-regulated offering went live in March, giving average Joe investors the chance to buy royalty shares that earn money when songs like Adele ‘s “Rumour Has It” or Taylor Swift ‘s “Welcome To New York” get played. The 10 most popular songs to buy royalty shares in include Beyoncé ‘s “Halo,” Ellie Goulding ‘s “Burn” and “Lean On” performed by Major Lazer, MØ and DJ Snake, among others. JKBX was founded in 2022 with the goal of bringing retail investors into the asset class by offering a cheaper, Securities and Exchange Commission-regulated way to invest in music.
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