This is one of the coolest things I've ever seen. Just in time for the holiday season, you can purchase a royalty earning share in one of Enuff Z'Nuff's most famous songs. Thanks to SongVest, you can purchase a share of either "Baby Loves You" or "Fly High Michelle." There are all sorts of ways fans can collect music memorabilia, but I think this is one of the most valuable. I've been to the SongVest website before, but never saw any songs/bands that really caught my fancy. I'm watching the site - when the right song/band combo comes up, I'll be bidding. Here's the official press release.
Madison, WI – November 2, 2009 – SongVest, the company that reinvented music memorabilia by auctioning song rights directly to fans, has announced their next auction will feature MTV hits “Fly High Michelle” And “Baby Loves You” from 80’s power pop band Enuff Z’Nuff. The auction will take place November 21-28 exclusively at http://www.songvest.com.
To help commemorate the band’s 25th anniversary, Enuff Z’Nuff founders Chip Z’Nuff and Donnie Vie are rewarding fans with a piece of their shares to singles from their first two critically acclaimed albums. "Fly High Michelle," a touching rock ballad that topped the MTV Video chart, and "Baby Loves You," an in-your-face pop gem that combined metal and melody, will be available for bid. In addition to a portion of the song’s royalties, the winners will also receive a personalized and signed one-of-a-kind platinum album award.
The auction will begin at 3PM EST on Saturday, November 21 and end at 3PM EST on Saturday, November 28. Fans can register now at http://www.songvest.com to learn more about royalty history and how the songs were written.
Since 2007, SongVest has offered music fans, collectors, and investors the unique opportunity to share 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, Natalie Cole, and The Monkees.