Library of Entertainment Assets
While this is being written, NeuroMama’s own corporate version of Fort Knox, our portfolio of entertainment assets and other intellectual property, is being meticulously tended by experts in creating highly recession-resistant assets of long-term value out of what are essentially sheets of plain white paper, reels of obsolete 35mm film and spools of two-inch wide videotape.
What will we put in this portfolio? Copyrights, patents, distribution agreements, manufacturing and branding licenses … the kind of intellectual property that many investment analysts and financial writers compare to gold and diamonds whose value remains unaffected by changes in currency rates, inflation, deflation or any other economic trauma.
Some experts even go so far as to say these kinds of intellectual assets are worth more than precious metals like gold because the number of really major buyers of precious metals is limited and prices can fluctuate tremendously based on individual countries' economic policies. It could even be argued that entertainment and other intellectual property assets are infinitely better investment vehicles than a blue-chip stock portfolio particularly among those who remember how American Airlines, General Motors, Fannie Mae, Chrysler and so many other Fortune 500s went from blue chip to bankrupt in an eye blink not so long ago.
At NeruoMama, our initial portfolio of intellectual property assets will be of three types:
1. Patents on our core technologies which, like all patents, will time out and expire in 18 years.
2. Copyrights on the entertainment content we are acquiring for FilmTvZone.com and our other
cable, broadcast and Internet content distribution systems.
In time, these entertainment properties should total tens of thousands of featured films, hundreds of thousands of hours of broadcast and cable TV series, special events, sports, and education programs. Millions of hours of programs which we either own outright or hold exclusive distribution and exploitation rights to for the countries and continents in which we do business. Copyrights with an estimated value of over $10 billion and expiration dates well into the next century.
The truth is entertainment assets are beautiful things. They have no moving parts, they never break down, they never need maintenance and repair. They have no physical footprint, they exist only as digital files on computer servers. The cost of warehousing ten billion dollars worth of entertainment programming is so negligible it won't even show up as a line item on a balance sheet. But maybe, just maybe the best thing about entertainment assets is that they are never, ever sold.
They are never even rented in the sense that the customer gets to take them home and use them. NeuroMama’s entertainment properties can be rented to 2000, 10,000, a hundred thousand customers simultaneously. And the residual value, the income that each of those assets generates every time a customer accesses it remains the same day after day, week after week, year after year. With entertainment assets there is only appreciation, never depreciation.
3. Trademarks and service marks on specific products such as the NeuroPad and Aces of Acts,
Amnystia.ws and NeuroMama Vacation Club apparel.