Intellectual property securitization has had a rocky history--from the initial excitement over Bowie Bonds, which securitized David Bowie's song catalog, and the plethora of other early deals to a recent lull, during which people thought the idea was dead. But IP securitization has been revived as of late, and the heroes aren't rock stars. They are plain-jane retail products and franchises. Goldman Sachs for example has closed a $200 million IP securitization for IHOP backed by its intellectual property and franchising assets. Lehman Brothers will lead an IP deal for Domino's Pizza; it aims to raise $1.85 billion. Dunkin Donuts really got the IPO ball rolling last May with its well-received deal. All of this being fueled in part by hedge funds and the liquidity they bring. We'll likely see a lot more deals. 

For more:
- here's the Investment Dealers' Digest article (For FierceFinance readers)