(New York, NY) — A startup is offering securities backed by royalty streams from songs recorded by major artists, to bring music investing to the masses. After being given the green light by the S.E.C. last week; J.K.B.X.-dot.com (pronounced “jukebox”) is live and allowing individual investors to buy shares in the sound-recording rights to songs from major popstars. An example of how it works: you buy a share of Beyoncé’s song “Halo,” which is listed on “jukebox” for six-dollars-seventy-eight-cents apiece, then holding that share entitles you to a quarterly distribution of fees paid to the rights holder. The size of those payments could vary from quarter to quarter but generally yield about three to four percent. Currently, you can buy shares of songs, but you can’t sell them. The company says it plans to enable both buying and selling later this year, after clearing additional regulatory hurdles.