Trust
How it works
A catalog sale should feel like a conveyance, not an auction. Every stage below exists to make ownership provable and terms legible before money moves.
last updated · 1 September 2026
1 · Verify before you list
Sellers confirm PRO membership (ASCAP, BMI, SOCAN, PRS and equivalents) and distributor or ISRC ownership for the recordings involved. Verification is checked once per account and re-checked per listing where the rights differ.
2 · Structure the deal
The guided intake asks what is actually being transferred: composition, master, or both; the whole catalog, a percentage, a bundle of three or more compositions, or named songs; permanent sale, time-limited licence or swap; and any strings that survive the deal — royalty splits, approval rights, credit, no AI training.
3 · Confirm the splits
Every co-writer and producer named on the work is invited by email to confirm their share and consent to the listing. A listing cannot go live until confirmed shares total 100%.
4 · Offers, sealed
Buyers submit a cash offer, or on a swap listing, one of their own verified catalog tracks. Offers are sealed: buyers never see each other's terms. The seller sees everything and accepts one.
5 · Deal memo and signature
Accepting an offer generates a deal memo — parties, rights transferred, territory, release window, credit obligations, price or swap terms, close date. Both sides sign in-app, with a timestamp. The memo is written to be handed to your own counsel; Coda Exchange is a marketplace, not a law firm.
6 · Close
Funds settle through the platform or, if both parties prefer, under a counsel-held instruction. The listing moves to Closed, and the seller chooses whether the final price is published or shown as undisclosed.