The future royalties on the now-iconic "Real Snowy Morning" jingle used in Folgers Coffee’s TV and radio commercials for over 30 years were auctioned off for $90,500.
The auction by Royalty Exchange started with an opening bid of $63,000.
The winning bidder would take over the ownership of the songwriter's share of "public performance royalties" whenever it's played in a Folgers commercial, on TV, films, radio, or the internet.
According to the Royalty Exchange, the song has earned $38,164.19 in royalties in the past decade, with over $20,000 of those coming in during the past two years, and $11,746.52 in the past 12 months.
The jingle was written in 1984 by Leslie Pearl, a Pennsylvania-born singer-songwriter who had a semi-hit two years earlier with her song "If The Love Fits Wear It."
According to Folgers, the original jingle has been adapted into jazz, R&B, folk, country, gospel, Celtic, and acapella versions. It has also been covered by other artists, including Aretha Franklin.
The global market of non-fungible tokens (NFTs), blockchain-based tokens, which each represent a unique asset such as a piece of art, digital content or media, is rapidly growing.
NFTs market capitalization stood at $14.3 billion as of end-August, according to a blockchain data platform DappRadar. But the actual market was estimated to be much larger than that since the data was based on only the top 100 NFTs in the Ethereum blockchain family.
Investment in NFTs is limited, however, given unclear price information and difficult systematic asset management as the market is still in its infancy.
South Korea’s NFTBank provides solutions to such issues. The startup that began its service in June 2020 is managing clients’ asset of more than 2 trillion won ($1.7 billion).


OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Washington Post Publisher Will Lewis Steps Down After Layoffs
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Instagram Outage Disrupts Thousands of U.S. Users
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Thailand Inflation Remains Negative for 10th Straight Month in January
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 



