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Brothers Who Found Eminem Are Taking Part of His Music Public

  • They’re selling a slice to Royalty Flow, which plans mini-IPO
  • Streaming growth boosts investor interest in music catalogs
CHICAGO, IL - AUGUST 01: Eminem performs at Samsung Galaxy stage during 2014 Lollapalooza Day One at Grant Park on August 1, 2014 in Chicago, Illinois.
Photographer: Theo Wargo/Getty Images

Compact discs were replacing records when Jeff and Mark Bass took a chance on a young white rapper named Marshall Mathers. Eminem, as he’s known, blossomed into one of the world’s most popular musicians.

Now the brothers, who still own part of Eminem’s catalog, want to cash in. They’ve agreed to sell up to 25 percent of their interest to Royalty Flow, which will buy the stake with money raised in what’s called a mini initial public offering, company executives said. They plan to file Monday with the U.S. Securities and Exchange Commission to sell shares to the public in a Regulatory A+ offering and will ultimately seek an exchange listing.