“Sesame Street” song royalties to be auctioned off by Denver company

The number of the day is $430,000. That’s Royalty Exchange’s starting bid for two “Sesame Street” songs.

staff photo
(Gavin St. Ours/Sesame Street)

(Gavin St. Ours/Flickr)

Can you tell me how to get, how to get $430,000? That’s what’s needed to place the starting bid on the royalties for two “Sesame Street” songs.

Royalty Exchange announced Wednesday it’s offering a chance to buy a stake in the “Sesame Street” theme songs “Elmo’s World” and “Abby’s Flying Fairy School.”

The Denver-based company is also throwing in screenwriter residuals for the Steven Spielberg-produced movies “An American Tail” and “Land Before Time,” as well as royalties for 377 other musical works.

Any time the songs or movies air on TV or online, or if someone buys the DVD or CD, or streams the songs online, the buyer gets a little cash from the royalties. During the last 12 months, the whole portfolio of music and movies brought in $108,500 in royalties, according to Royalty Exchange.

Royalty Exchange is holding a live auction for the songs and screenwriter residuals on behalf of the estate of Tony Geiss. The Emmy Award-winning songwriter and screenwriter died in 2011.

“We’re honored to play a small role in helping honor Tony’s wishes,” said Royalty Exchange CEO Matthew Smith in a statement. “Competition and transparency will ensure these worthwhile causes get the most out of his talent and generosity.”

Subscribe to Denverite’s newsletter here.

Business & data reporter Adrian D. Garcia can be reached via email at agarcia@denverite.com or@adriandgarcia on Twitter.

 

Hi! You’re like us!

Looks like you’re the type of person who reads to the ends of articles! Well, true believer, you might really like our morning newsletter. It’s quick, free and gets you up to speed on the important and delightful things happening right here in Denver.

Thanks for reading another Denverite story

Does Denverite help you feel more connected to what’s up in your area? Do you want to be a part of it?

Member donations are critical to our continued existence and growth.

You’re our superpower

Denverite supporters have made the decision to financially support local journalism that matters to you. Ready to tell your networks why? Sharing our “About” page with your own personal comments could really help us out.

You’re our superpower

Denverite members have made the decision to financially support local journalism that matters to you. Ready to tell your networks why? Sharing our “About” page with your own personal comments could really help us out.