Tuesday, January 25, 2011

SongVest To Auction Rights To Eric Benet’s First Two Albums


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 March 5 – 12 at songvest.com.

Fans can bid on the opportunity to own a percentage of Eric Benet's first two albums and share in the royalties. The Seller, who wishes to remain anonymous, is happy to share this unique piece of the albums' memorabilia with Eric Benet' Fans. The Seller acquired these royalties as part of the original team that helped to launch his career and is not currently affiliated with Eric Benet or the Record Label.

In 1994, Benet signed with Warner Bros. Records, releasing his solo debut album, True to Myself, in 1996. Individual songs from the album were successful, including the top-ten R&B hit "Spiritual Thang" and "Let's Stay Together".

His next album, A Day in the Life, was released in 1999. Its first single, "Georgy Porgy (featuring Faith Evans)" received significant airplay, while the second single, "Spend My Life With You (featuring Tamia)", became a smash hit. "Spend My Life With You" rose to number one on the American R&B charts, was certified gold, and nominated for a 2000 Grammy Award for Best R&B Performance by a Duo or Group. The album, "A Day in the Life" also won a Soul Train Music Award for Best R&B/Soul Album, Male.

On the Auction Block:

Double Platinum Edition (1 Lots):
• 25% of the sellers album royalties to "True to Myself" and "A Day in the Life"
• One-of-kind RIAA Certified Gold album award

Platinum Edition (2 Lots):
• 10% of the sellers album royalties to "True to Myself" and "A Day in the Life"
• One-of-kind RIAA Certified Gold album award

Gold Edition (10 Lots):
• 3% of the sellers album royalties to "True to Myself" and "A Day in the Life"
• One-of-kind RIAA Certified Gold album award

The auction will end at 3PM EST on Saturday, March 12. Fans can register now at http://www.songvest.com.

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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