Asset-Backed Securities
In the music industry, Asset-Backed Securities (ABS) are financial instruments collateralized by future income streams from music-related assets, such as royalties from songs or recordings. A notable example is the "Bowie Bond," pioneered by David Bowie in 1997, which allowed investors to receive a share of his future royalties.
Sources
Asset-Backed Securities
In the music industry, Asset-Backed Securities (ABS) are financial instruments collateralized by future income streams from music-related assets, such as royalties from songs or recordings. A notable example is the "Bowie Bond," pioneered by David Bowie in 1997, which allowed investors to receive a share of his future royalties.
Sources
Asset-Backed Securities
In the music industry, Asset-Backed Securities (ABS) are financial instruments collateralized by future income streams from music-related assets, such as royalties from songs or recordings. A notable example is the "Bowie Bond," pioneered by David Bowie in 1997, which allowed investors to receive a share of his future royalties.
Sources
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