Ocean Tomo Auctions Engaged to Sell Rights to Unreleased Public Enemy Album
Ocean Tomo Auctions Engaged to Sell Rights to Unreleased Public Enemy Album
Never-Before-Released Public Enemy Album Recorded Live in Helsinki
CHICAGO, Aug. 30 /PRNewswire/ -- Ocean Tomo Auctions, LLC -- the auctions arm of Ocean Tomo, LLC, the Intellectual Capital Merchant Banc(R) firm -- announced today the inclusion of the master recording rights to a never- before-released Public Enemy album in The Ocean Tomo Fall 2006 Live Intellectual Property Auction to be held on October 26, 2006 in New York City.
This lot has been consigned to Ocean Tomo by the current owner, PPX International, Inc. The "entire right, title, interest and ownership, in perpetuity" to the album were settled through a 1992 Stipulation of Settlement arising from a law suit in the Supreme Court of the State of New York (County of New York). The winning bidder will receive the digital master recording, original artwork and all associated rights.
"We are pleased that Ocean Tomo Auctions continues to receive entertainment industry IP assets which their owners wish to monetize," said Dean Becker, Vice Chairman of Ocean Tomo.
The album was recorded live in Helsinki, Finland during Public Enemy's 1999 European Tour and includes performances of the following 24 tracks:
1. Intro 13. By the Time I Get to Arizona
2. Prophets of Rage 14. Fight the Power
3. Public Enemy #1 15. Fight the Power (outro)
4. Can't Truss It 16. Flavor Intro
5. 911 Is A joke 17. What what
6. Black Steel in the Hour of Chaos 18. Hazy Shade of Criminal
7. He Got Game 19. Welcome to the Terrordome
8. Here I Go 20. Bring the Noise
9. Crayola 21. Night of the Living Baseheads
10. Crash 22. Do You Wanna Go Our Way?
11. DJ Lord 23. Brothers Gonna Work It Out
12. Give It Up 24. She Watch Channel Zero?!
For more information on the Public Enemy album, or to submit patents, trademarks, copyrights or domain names for inclusion in The Ocean Tomo Fall 2006 Live Intellectual Property Auction, please call 312.377.4851 or visit http://www.oceantomoauctions.com/ .
About Ocean Tomo, LLC:
Ocean Tomo, LLC ( http://www.oceantomo.com/ ) was established in 2003. The firm specializes in understanding and leveraging intellectual property assets and provides advice in IP-related mergers and acquisitions, valuations, expert services, analytics and IP auctions. Ocean Tomo has offices in Chicago, San Francisco, Palm Beach, Orange County and Washington, DC. In May of 2006, Ocean Tomo was appointed as Back-Up IP Manager for an approximately $1.8 Billion trademark royalty rights securitization - the largest IP securitization ever. Subsidiaries of Ocean Tomo include: Ocean Tomo Capital Fund, LP -- a $200 million private equity investment fund; and Ocean Tomo Asset Management, LLC -- an SEC Registered Investment Advisor offering hedge funds utilizing IP-based investment strategies.
Source: Ocean Tomo Auctions, LLC
CONTACT: Wendy Chou of Ocean Tomo Auctions, LLC, +1-718-812-6707,
wchou@oceantomo.com
Web site: http://www.oceantomo.com/
http://www.oceantomoauctions.com/
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