Young Buck's Intellectual Property to be Auctioned by May 14
Whether you’re a music industry insider or a fan, listen up: rapper Young Buck’s intellectual property, including song compositions and royalties, can be yours.
The IP is going up for sale as part of Young Buck’s Chapter 7 bankruptcy liquidation, which a judge ordered the rapper into last year after he couldn’t come up with a viable business plan. Now, bankruptcy trustee Jeanne Burton is in charge of selling off Young Buck’s assets, including all of the rapper’s IP.
According to court papers, that includes “trademarks and copyrights, all masters, compositions, royalties, rights and licenses owned by debtor and all rights of publicity owned by debtor.” Burton couldn’t be reached to elaborate.
Intellectual property expert Gabe Fried told Bankruptcy Beat that buyers, particularly music industry folks, are interested in masters because they give the owner the ability to re-release songs and license the content for third-party use (like for advertising). And royalties entitle the owner to specified revenue from distribution or airplay of the songs.
That doesn’t mean a portfolio of music-related IP is an instant money-maker, however.
“It needs some continued investment to maintain its performance and grow,” said Fried, chief executive of Hilco Streambank, which specializes in liquidating such intangible assets as intellectual property.
The best buyer may be someone in the music industry who knows how to squeeze every bit of value possible from the assets, he said.
“Strategic buyers will know their business and will understand the synergy that this portfolio of products can provide for them,” he said.
Burton is proposing to sell the intellectual property at a May 14 auction at the Nashville law firm of Harwell Howard Hyne Gabbert & Manner. First, though, the U.S. Bankruptcy Court in Nashville, Tenn., must sign off on the auction proposal.
The move will free up David Darnell Brown—the rapper’s real name—for a fresh start. That fresh start could come with none other than G-Unit, the record label he’s still tied to but hasn’t recorded for due to a failing out with label founder 50 Cent. Young Buck recently said he’s negotiating a possible return with the label, according to BET.
http://blogs.wsj.com/bankruptcy/2012/04/06/young-buck-songs-royalti...
50's a B!tch
Replies to This Discussion
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Permalink Reply by YoungGeeza on -
yeah I think you're right, as soon as the other G-Unit members blew up, ppl wanted to destroy the group by alienating members telling them they're better than 50 and would be bigger and better off by leaving. They always picked the members that weren't too close to 50 like Game first, Buck next and now they're doing the same with Banks. Even ppl on this site praying for Banks to leave and try to make is seem like there is a competition between 50 and Banks. It worked with Game cause he is extremely emotional and believes a lot of bs, Buck took drugs so he couldn't think clearly either.
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Permalink Reply by Still D.R.E on -
lol all u gon' see in this thread is...buck did drugs, blew all the money 50 gave him, ....so 1 sided ...i know this 50's site but readin' this threda is like watchin' a 50 interview....yayo doesnt do drugs?...yayo didnt blow alot of 50's money??...its different when sumbody come from ya own hood and a niggah' u just tryna break bread wit...loyalty takes time to happen...it all happened so fast 1 week u a broke niggah' from tennesee the next u rockin' shows wit the hottest niggah' out...
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Permalink Reply by NATE \m/ (-_-) \m/ on -
all the facts are out there what more do you want didnt you listen to bucks diss songs all of them
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Permalink Reply by EZBands make StillG.AY mom dance on -
It would only make sense if gunit bought it.. imagine what would become of stunt 101 if Still G.A.Y owned buck's verse..
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Permalink Reply by NATE \m/ (-_-) \m/ on
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buck did himself nobody else so take some responsibilty for your actions even if you have a job i dare you to start sweariing and sending deaths threats to your boss you know what will happen jail or fired from your job its juss what happen in the real world so i dont know were you live at
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Permalink Reply by Long.Live.Asap on -
I wonder if the ps3 will be at that auction, I need a new one.
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Permalink Reply by Flash <-Thisis50's Most Hated-> on -
karma is already catching up with 50, his career is at a stand still and his b!tch antics are killing the rest of his label. he laughed at Preme and Shyne when they were in prison, what makes you think he wouldn't do it to Banks or Yayo if they f*cked up?
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Permalink Reply by Flash <-Thisis50's Most Hated-> on
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I ain't defending anybody, all I'm saying 50's antics are b!tchmade
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Permalink Reply by SonGetWrec on -
^^THERE IT IS^^. Banks will be the next to either leave or be kicked out the unit. and when that happens, he'll be lucky if he can get a deal at E1 (aka the Koch graveyard) since his boy contributed to the whole camp being blackballed by the industry.
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Permalink Reply by YoungGeeza on
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bla bla bla, ain't no such thing as karma in life. 50 is in that situation musically cause he hasn't been and still isn't active enough, plus some of the leaks that might of been off the album were weak. Big 10 was good but he hasn't released anything new in 4 months. How is he releasing an album in 3 months without official singles out? However, 50 has made and is still making more than enough money so he doesn't need the music anymore which might also be the cause of his musical situation.
@ Flash, is it better to sell out and kiss a** to be successful? On the one hand you scream Illuminati all the time but then say it's a mistake if you're not willing to be a slave of the industry.
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Permalink Reply by Gello on -
maybe in music but not in other areas...the nikka still got pull and will produce...cant keep him down forever..lok at what it took to get him here...you act like hes stupid and made millions by accident like winning the lottery...hip hop is a circle and its coming back to 50...he knows what he has to do...the new fans will love a "pop" 50 kuz thats what hes engineering himself into...it takes time...how many other gangtser rappers are still around and mainstream? snoop and who? and he laffs at stupid nikkas who squander they fortunes and walk around people who dont know when times finished and use they bread leagally..like preme didnt have any oppurtunity to go legit or shyne...i mean we still talking about a nikka who had 1 song 10 years and that america monologue was kinda live but other than that...50 gonna do what makes sense to him not to us
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Permalink Reply by Flash <-Thisis50's Most Hated-> on
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it just shows why the hip hop industry is not messing with 50, because he wants to have everything at his terms when it doesn't go that way. Sheek Louch said it best "you ain't bigger than the white dudes cutting your check". He done sh!tted on so many people it's not funny anymore.
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