Artists Selling Shares Of Song Royalties To Fans

New Music Industry Revenue Model Allows Songwriters To Auction Pieces Of Songs As Music Memorabilia. Fans To Begin Receiving Royalty Checks. 80’s Hits “We Don’t Have To Take Our Clothes Off” And Natalie Cole’s “Miss You Like Crazy” Available For Bid At Unique “Music Memorabilia With A Paycheck” Auction August 15-22 At SongVest.com. End Quote

(1888PressRelease) August 18, 2009 - Madison, WI – SongVest, the company that reinvented the music memorabilia business by offering the ultimate fan collectable -- the songs themselves - has announced their next major online auction will take place August 15-22 at songvest.com and will include Billboard Top 40 hits “We Don’t Have To Take Our Clothes Off” performed by Jermaine Stewart, “Miss You Like Crazy” performed by Natalie Cole, and the international hit “Clothes Off!!” performed by Gym Class Heroes.

SongVest has partnered with writer Preston Glass to offer bidders 25% of his Writer’s Share for each of the songs. In addition to receiving as much as $3000 a year for their piece of the song, the high bidders will also receive one-of-a-kind platinum album awards featuring handwritten and signed lyrics.

“As a songwriter, sharing my songs with people is always a great thrill. But I can think of no deeper fan connection than sharing the benefits of ownership as well. It’s a mutually rewarding opportunity,” commented Mr. Glass.

The auction will begin at 3PM EST on Saturday, August 15 and end at 3PM EST on Saturday, August 22.

Fans can register now at http://www.songvest.com to learn more about the revenue history for each song and get a glimpse behind the scenes at how and why the songs were written.

Since 2007, SongVest has offered music fans, collectors, and investors the unique opportunity to share the royalties with the writers of their favorite music. Past auctions have included the rights to songs recorded by Aerosmith, Bon Jovi, Carrie Underwood, Ringo Starr, Ozzy Osbourne, and The Monkees.

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