- Featured Auction
Royalties From a Catalog of Classic Country Music Songs, Including the Evergreen Song "Don't Let Me Cross Over"
This auction is for the seller's interest in the songwriter's and publisher's shares of public performance, mechanical, and synch royalties for a catalog of songs written by Helen Moyers (professionally known as Penny Jay) currently payable by BMI and BMG. This catalog is highlighted by “Don't Let Me Cross Over,” “Widow Maker,” and “Set Him Free.”
Penny Jay's evergreen country song “Don't Let Me Cross Over” was originally recorded in 1962 by Carl Butler and Pearl. It continues to consistently earn royalties year after year. It has been covered multiple times by country musicians. This is important because every time the song is covered, you will earn a royalty. Considering it is an evergreen song that has been popular for over 50 years, it is realistic to assume it will maintain its popularity in the future. Evergreen is an adjective that describes something that is continually fresh or self-renewing. In the music industry, it is used metaphorically to describe a song with long-lasting popularity that has withstood the test of time.
BMI and BMG will distribute the royalties to the winner of this auction on a quarterly basis. The winner of the auction will receive the first royalty check in Q3 (September 2016). This asset has generated $4,346.03 in the most recent 4 quarters of statements, and more detailed financial information can be found in the “Financials” tab below.
Finally, Penny Jay has a place in country music history and the songs are considered heritage, which is why they continue to earn consistent royalties. Penny Jay's songs have been performed and covered by some of country music's biggest stars, including Dolly Parton.
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