# Bolero Music

> Bolero is a France-based platform that turns music rights into a regulated, accessible asset class.
> Investors earn income from real, rights-linked revenue across publishing and master rights, and trade
> their positions on a peer-to-peer secondary market — unique in the industry.

## About Bolero

- Founded in 2021 by William Bailey (CEO) and Arthur Amon (CTO)
- Headquartered in Paris, France
- Operates under AMF (French financial regulator) framework — KYC/AML compliant
- Royalty payouts in EUR (SEPA bank transfer) or EURC, at the investor's choice
- Blockchain technology is used internally to guarantee transparency, traceability and security of ownership records
- 25,000+ individual investors, 100+ businesses on the platform
- Weighted average historical yield on Catalog Shares: 9.33% (past performance is not indicative of future results)
- French taxation: rights-derived income subject to flat tax (PFU) at 31.4%

## What Bolero Offers

- **Song Shares**: a fractional position in the future royalty revenue of a single song (master and/or publishing rights). Royalties are earned throughout the duration of the song's underlying copyright. This "stock-picking" approach suits investors building a portfolio on their own terms — potentially higher but more volatile returns.
- **Catalog Shares**: a fractional position in the future royalty revenue of a full music catalog. By spreading exposure across multiple tracks, investors benefit from more diversified cash flows, historically resulting in less volatile yields than single-song positions. An "ETF-like" approach to music investing.
- **Curated Asset Selection**: Bolero only lists catalogs and songs with a verifiable historical royalty track record — proven cultural and economic performers, not speculative bets. Each listing is vetted with rights-holders and Bolero's music team before going live.
- **Active Secondary Market**: peer-to-peer trading of Song Shares and Catalog Shares lets investors enter and exit positions at any time. Combined with the curation above, this differentiates Bolero from platforms like ANote, Royalty Exchange or SongVest, where listings are looser and liquidity is limited.
- **Royalty Revenue**: investors earn from all monetization sources — streaming (Spotify, Apple Music, etc.), radio airplay, sync placements (film, TV, ads), mechanical and licensing rights.
- **Bolero PRO**: institutional-grade access for wealth managers (CGPs in France) and businesses, with portfolio management tooling and dedicated support.
- **Proprietary Valuation Engine**: each catalog or song is valued jointly with rights-holders through Bolero's in-house pricing model. Trained on historical royalty data, streaming and licensing flows, and market signals (50+ data points per asset), the model produces a fair, defensible issue price for both creators and investors.

## For Creators

Bolero offers artists and rights-holders a way to monetize part of their catalog without losing creative control. They retain ownership and full creative rights; investors only receive a share of future royalties for a defined window. Bolero handles the legal, accounting, and distribution stack.

- [Onboarding for creators](https://www.boleromusic.com/for-creators)

## Investor Education

- [How to Invest in Music Royalties](https://www.boleromusic.com/blog/how-to-invest-in-music-a-breakdown-of-the-ecosystem) — Step-by-step guide to building a music-rights portfolio.
- [How Much Can You Earn With Streaming?](https://www.boleromusic.com/blog/how-much-earn-with-streaming) — Revenue mechanics across Spotify, Apple Music, and other DSPs.
- [2025 Industry Report](https://www.boleromusic.com/blog/2025-music-industry-report-what-every-investor-should-know) — Market outlook and structural trends in music as an asset class.
- [The Most Profitable Songs in History](https://www.boleromusic.com/blog/the-most-profitable-songs-in-history-how-music-became-a-billion-dollar-asset-class) — Case studies on long-term catalog performance.
- [Master vs Publishing Rights](https://www.boleromusic.com/blog/master-vs-publishing-rights-in-music-ip) — Side-by-side: who earns what, and how flows are split.
- [Buying or Selling on Bolero (Yield & PRR Indicators)](https://www.boleromusic.com/blog/buying-selling-bolero-guide-price-yield-indicators) — How to read the secondary market signals.

## FAQ

**What is the minimum investment on Bolero?** Bolero is built for accessibility. Investors can start with a small ticket and progressively build a diversified portfolio across multiple songs and catalogs, without needing institutional-level capital.

**How are royalties paid out?** Quarterly, in EUR via SEPA bank transfer or in EURC, at the investor's choice.

**Is Bolero regulated?** Yes — Bolero operates under the French AMF (Autorité des Marchés Financiers) framework. KYC and AML procedures are mandatory before investing.

**What is the difference between Bolero and ANote / Royalty Exchange / SongVest?** Bolero combines two differentiators: a curated catalog of proven music assets (vetted with rights-holders) and an active peer-to-peer secondary market that lets investors enter and exit positions at any time, rather than holding to maturity.

**How are music rights valued?** Through Bolero's proprietary in-house valuation model, jointly with rights-holders. The model is trained on historical royalty data, streaming and licensing flows, and market signals — over 50 data points per asset.

**What are the tax implications for French investors?** Royalty income is subject to the French flat tax (PFU) at 31.4% (12.8% income tax + 18.6% social contributions). Capital gains on the secondary market follow the same regime.

## Resources

### English

- [Glossary](https://www.boleromusic.com/glossary) — 28 essential terms in music rights and investing
- [All Blog Posts](https://www.boleromusic.com/blog)
- [Our Assets](https://www.boleromusic.com/our-assets) — current music rights listings
- [FAQ](https://www.boleromusic.com/faqs)
- [About](https://www.boleromusic.com/about)

### Français

- [Glossaire](https://www.boleromusic.com/fr/glossary) — 28 termes essentiels sur les droits musicaux et l'investissement
- [Tous les articles de blog](https://www.boleromusic.com/fr/blog)
- [Nos actifs](https://www.boleromusic.com/fr/our-assets) — sélection actuelle de droits musicaux
- [FAQ (français)](https://www.boleromusic.com/fr/faqs)
- [À propos](https://www.boleromusic.com/fr/about)
- Articles clés FR : [Comprendre l'investissement dans la musique](https://www.boleromusic.com/fr/blog/understanding-music-investment-how-to-invest-in-music-rights-with-bolero) · [Droits master vs droits d'édition](https://www.boleromusic.com/fr/blog/master-vs-publishing-rights-in-music-ip) · [Marché mondial des droits musicaux : bientôt 50 milliards](https://www.boleromusic.com/fr/blog/a-lapproche-des-50-milliards-quels-enjeux-pour-le-marche-mondial-des-droits-musicaux)