My mom still gets small checks from a single top twenty hit in the sixties on Phillips records. If people are still buying this movie in fifty years is that a possibility?
We are offering equity in the LLC, and you will be investing in a direct equity interest in the LLC, which has the rights to the film, without any time limit. So there is no time limit on the profit-sharing you will be entitled to if you invest. (At some point in the future, the LLC could sell the rights to the film or sell the royalty rights for a fixed sum, distribute the profits from that sale to the investors, and then wind up the business. But there are no plans to do so.)
My mom still gets small checks from a single top twenty hit in the sixties on Phillips records. If people are still buying this movie in fifty years is that a possibility?
We are offering equity in the LLC, and you will be investing in a direct equity interest in the LLC, which has the rights to the film, without any time limit. So there is no time limit on the profit-sharing you will be entitled to if you invest. (At some point in the future, the LLC could sell the rights to the film or sell the royalty rights for a fixed sum, distribute the profits from that sale to the investors, and then wind up the business. But there are no plans to do so.)
Don
CEO
Viral Films Media