Case Studies
We have been privileged to have been instructed by our clients on a number of notable cases. Below are a selection of case studies to demonstrate a flavour of our work.

Ken Downing Limited

Music Rights

Purpose

Administration

Sector

Music Rights

Task

Valuation & Realisation

Location

United Kingdom

Ken Downing’s music rights have been meticulously appraised to ensure their full potential is realised, said Matt Hardy of Wyles Hardy & Co. “Our comprehensive valuation report provides clarity on the catalogue’s exploitable value, enabling informed decisions for its administration and future growth.

Overview

Wyles Hardy & Co. was engaged by the Administrators of Ken Downing Ltd. to appraise and sell the exploitable music rights associated with KK Downing, former guitarist of Judas Priest. The objective was to determine the current and potential future value of the catalogue, considering industry dynamics and trends. The rights were then marketed to targeted purchasers, leading to a significant sale.

Method

To determine a fair valuation, Wyles Hardy & Co. thoroughly analysed the catalogue to identify key revenue-driving titles and assess the rights’ historical performance. Future revenue potential was forecasted by evaluating market trends, especially changes in streaming and music consumption behaviour. The firm then collaborated closely with the client to develop a targeted marketing strategy. Potential buyers, particularly those with a global reach and interest in music rights portfolios, were identified and approached. Wyles Hardy disseminated comprehensive information to interested parties, including financial projections, ensuring all relevant data was available for informed decision-making. Finally, a deadline-driven bid process was implemented to expedite a competitive and high-value sale.

Results

  1. A comprehensive valuation report was completed, providing clarity on the catalogue’s exploitable value.
  2. Successful marketing efforts generated significant interest among global music rights enterprises.
  3. The structured sales process culminated in a multi-million pound transaction with a prominent industry buyer.

Conclusion

This case exemplifies Wyles Hardy & Co.’s expertise in valuing and realising intangible assets within the music industry. The process highlights the importance of a detailed understanding of catalogue dynamics, revenue drivers, and external factors such as streaming’s impact on long-term value. By combining deep market insight with targeted marketing, Wyles Hardy was able to maximise asset value for Ken Downing Ltd. Moreover, structured, competitive bidding processes proved essential to achieving a favourable sale. This project reinforces the firm’s reputation for handling high-profile rights appraisals and showcases their capability in maximising realisations for their clients.

Mark Edmunds
Mark Edmunds
Director, BSc. MRICS
CONTACT US

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