INCOME STREAMS AND OTHER FINANCIAL ASSETS
Case Histories
Foster and Cranfield recently sold the rights to royalties deriving from songs written by a prolific composer named Fred Godfrey. These songs, written during and after the First World War, included such titles as “Bless ‘em All”; “Who Were You With Last Night?” and “Here We Are Again”. The royalty rights cease in 2023 and the current average yearly earnings are £1,100.
The income stream was sold at auction for £11,050 after some very competitive bidding.
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