Research & Analysis.
Articles
Technical analysis and insights on music catalog valuation, royalty data, and the institutional music rights market.
Chapter Two Partners with Shot Tower Capital and RedBrick Advisors to Launch Baltazar
Chapter Two launches Baltazar, a new institutional platform for music royalty analytics and copyright valuation, in strategic partnership with Shot Tower Capital and RedBrick Advisors.
What Royalty Statement Data Tells You Before You Model: A Pre-Valuation Checklist
A technical pre-valuation checklist for music catalog acquisitions -- covering statement coverage, period alignment, ISRC resolution rates, source classification, currency normalisation, and rights structure verification.
Source Concentration Risk in Music Royalty Portfolios: How to Measure It
A technical guide to measuring source concentration risk in music royalty catalogs -- covering the HHI framework, source classification, volatility-weighted analysis, and data requirements.
Music Catalog DCF Modeling: What Data Inputs You Actually Need
A technical guide to the data inputs required for a reliable music catalog DCF model -- covering source breakdown, territory exposure, currency normalisation, period alignment, and track resolution.
Music Royalty Decay Curves: How to Model Catalog Earnings Decline
A technical guide to modeling royalty decay curves for music catalog analysis -- covering decay rates, Dollar Age, stabilisation points, and data requirements.
Dollar Age Explained: Measuring Earnings Stability in Music Royalty Portfolios
A technical guide to Dollar Age -- how it's calculated, what it reveals about decay curve position, how to use it in portfolio risk analysis, and the data requirements that make it reliable.
Who Buys Music Catalogs -- and Why the Buyer Mix Has Changed
A guide to the institutions acquiring music catalogs today: major labels, private equity, specialist funds, pension funds and ABS markets. How each values catalogs differently -- and what that means for pricing.
Chapter Two Facilitates Millions in Latest Catalog Deals
The $6m deals are the latest in a string of million-dollar transactions for the music technology company Chapter Two